(CNN) The Department of Defense says the military parade originally scheduled for Veterans Day will be postponed.

"The Department of Defense and White House have been planning a parade to honor America's military veterans and commemorate the centennial of World War I," Defense Department spokesman Col. Rob Manning said in a statement Thursday. "We originally targeted November 10, 2018 for this event but have now agreed to explore opportunities in 2019."

The parade was scheduled for the day before the 100th anniversary of the armistice that ended the First World War. French President Emmanuel Macron is holding a gathering of world leaders in Paris on November 11 to celebrate the anniversary.

President Donald Trump said in February that a military parade in Washington would be "great for the spirit of the country," but that it would need to come at a "reasonable cost." The President said he was inspired by the Bastille Day parade in France, which he described as "quite something" after attending in 2017.

CNN previously reported that the parade would focus on celebrating veterans and involve US troops in period uniforms as well as US military aircraft but no heavy vehicles like tanks in order to prevent damage to infrastructure.

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