What Happened
Trump Administration Seeks 13% Increase in Defense Spending
The US President has announced a budget request of $961.6 billion for the Department of Defense in fiscal year 2026, a 13% increase over the previous year’s budget. The proposed budget aims to strengthen homeland security, deter Chinese aggression, and revitalize the US defense industrial base. The budget includes funding for the Boeing F-47, a new fighter aircraft, as well as initiatives to modernize the nuclear weapons enterprise and expand shipbuilding capacity. The budget request was reported by Janes.