WASHINGTON — A military parade ordered up by President Trump and planned for Veterans Day this year could be postponed until 2019, the Pentagon said Thursday.

The abrupt decision to look into changing the parade date came as Defense Department officials said that the event could end up costing more than $90 million and as the Pentagon emerges from years of required budget caps.

“We originally targeted Nov. 10, 2018, for this event, but have now agreed to explore opportunities in 2019,” said Col. Robert Manning, a Pentagon spokesman, in a statement.

Defense Department officials said that the White House made the decision on Thursday after seeing the new proposed price tag.