There would also be "a heavy air component at the end of the parade, to include older aircraft as available", according to the memo. Officials said they are anxious about the possible damage that non-wheeled vehicles could infict upon Washington streets.
The idea for a parade appears to have been rekindled when the president visited Paris for Bastille Day in July and made no secret of his awe for the pomp and ceremony of the occasion.
"The memo says the parade will integrate with the annual DC Veterans Day parade and focus on the contributions of United States veterans from the Revolutionary War to today 'with an emphasis on the price of freedom, '" CNN reported.
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"This parade will focus on the contributions of our veterans throughout the history of the U.S. military, starting from the Revolutionary War and the War of 1812 to today, with an emphasis on the price of freedom", said the memorandum for General Joe Dunford, who chairs the Joint Chiefs of Staff.
The parade route will reportedly go from the White House to the Capitol.
"We'll see if we can do it at a reasonable cost, and if we can't, we won't do it".
Critics have argued that a parade could cost millions of dollars at a time when the Pentagon wants more stable funding for an over-stretched military.
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"I think it's great for our country in terms of being a cheerleader and the spirit", he added.
Medal of Honour recipients and veterans' organisations are to be included in the march, which, according to the memo, will feature a heavy dose of history.
CNN reports the Joint Staff will plan the parade and Northern Command will execute it.
The parade is expected to include participants dressed in period uniforms and will also "highlight the evolution of women veterans", the memo said, "from separate formations in World War II to today's integrated formations".
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The parade is being planned for Veterans Day on November 11, although heavy tanks are prohibited from the procession since they might destroy the streets of Washington, D.C.