Trump Administration Proposes $1.5 Trillion Defense Budget with Major Military Enhancements
The Trump administration has unveiled a proposed defense budget for the 2027 fiscal year, totaling approximately $1.5 trillion. This represents a significant increase of $445 billion from the previous fiscal cycle, marking a more than 40% year-over-year rise. The budget includes substantial allocations for aircraft, munitions, missile defense, and shipbuilding. Notable funding requests include nearly $1 billion for Collaborative Combat Aircraft drones, $2.94 billion for AIM-260 air-to-air missiles, and $404 million for Hypersonic Attack Cruise Missiles. The budget also outlines plans for the procurement of 85 F-35 Joint Strike Fighters and 24 F-15EX Eagle II fighters. Additionally, the Navy seeks $65.8 billion for shipbuilding, the largest budget since 1962, adjusted for inflation. 
