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In page Robert McNamara:

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Due to the nuclear arms race, the Vietnam War buildup and other projects, Total Obligational Authority (TOA) increased greatly during the McNamara years. Fiscal year TOA increased from $48.4 billion in 1962 (equal to $373 billion in 2023) to $49.5 ($365) billion in 1965 (before the major Vietnam increases) to $74.9 ($501) billion in 1968, McNamara's last year in office (though he left office in February).[2] Not until FY 1984 did DoD's total obligational authority surpass that of FY 1968 in constant dollars.[citation needed]