Daily Report

July 24, 2026

A $1.5 Trillion Defense Budget? Not So Fast, Experts Warn

On Jan. 7, President Donald Trump declared in a social media post he would propose a $1.5 trillion defense budget for fiscal 2027, a record-breaking figure that called to mind the Reagan buildup of the 1980s. Nearly eight months later, experts and Congress watchers agree that the prospects of the Pentagon actually getting $1.5 trillion are fading fast.

Radar Sweep

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Satellite Images Show Iran Is Rebuilding. Fast.

The Wall Street Journal

Iran has quickly rebuilt infrastructure damaged during the U.S. and Israeli bombing campaign over recent months, from missile bases nestled deep inside mountains to bridges, ports and production facilities, according to Israeli and Western officials and a review of satellite imagery.

Oracle Signs 10-Year Software Contract with Pentagon Worth up to $7 Billion

CNBC

The Pentagon on July 23 announced a contract with Oracle worth almost $7 billion over a decade, a big win for the software maker, which has been punished by investors this year. ... The contract covers the use of Oracle software in on-premises data centers for branches of the military, the U.S. intelligence community, and the Coast Guard, according to a statement.

OPINION: The Bomber Paradox: The B-21, Nuclear Deterrence, and the Risk of Legacy Defense Assumptions

Modern War Institute at West Point

“Russia’s persistent nuclear modernization and China’s accelerating strategic buildup together create a complex and fraught environment that existing policy assumptions have not confronted. Into this environment arrives the B-21 Raider and its associated family of systems, platforms with potentially revolutionary conventional and nuclear capabilities that offer planners new tools for horizontal escalation, precision strikes across contested geographies, and the kind of flexible, survivable conventional dominance that previous bomber generations could not reliably provide. And yet the institutional logic governing how the United States employs its bomber force may prevent the B-21 from being used to its full potential,” write RAAF Air Commodore Hannah Jude-Smith, USAF Lt. Col. Brian “Bud” Leitzke, and USAF Lt. Col. Shane “Axl” Praiswater.

5,000+ Medical Students Relocated from JBSA-Fort Sam Houston Dorms over ‘Infrastructure’ Concerns

KSAT

Approximately 5,200 enlisted medical students living in dorms at Joint Base San Antonio-Fort Sam Houston are being relocated due to what officials describe as “climate control systems and foundational defects” in the buildings. A JBSA spokesperson confirmed to KSAT that Army, Navy, and Air Force enlisted medical students assigned to the Medical Education and Training Campus (METC) “are being relocated to on-base temporary lodging.”

Lockheed Targets Updated Sniper Pod Production Next Year

Aviation Week

Lockheed Martin is targeting a 2027 production start for its latest Sniper targeting pod, designed to improve network connectivity between fourth-generation fighters, the F-35, and future Collaborative Combat Aircraft.