House lawmakers unveiled a new reconciliation package July 15 with $60 billion for defense, $290 billion less than the Pentagon has been seeking, a day after a Senate vote to advance the annual defense policy bill failed—developments that show the perilous state of the Pentagon’s ...
Buoyed mostly by extra funds earmarked for Golden Dome in the reconciliation bill being considered by Congress, the Space Force says its 2026 budget request is roughly $40 billion—an increase of more than 30 percent over 2025. Among the services, the Space Force is getting the ...
President Donald Trump is proposing a 13 percent increase in defense spending for fiscal 2026, growth that could mean the first ever $1 trillion defense budget, according to a document obtained by Air & Space Forces Magazine.