WASHINGTON — On Friday the Trump administration plans to propose a $1.5 trillion defense budget for fiscal 2027, broken into a $1.15 trillion base budget request and an additional $350 billion from a forthcoming reconciliation bill, according to a spokesperson for the Office of Management and Budget.
It will mark the first time the base budget defense spending has hit the $1 trillion mark, and pushes the FY27 total to a historic high with the addition of the reconciliation spending, which will need to be passed by Congress this year.
For modernization programs, the implications are massive, with the base budget and reconciliation including about $760 billion to buy and develop weapons, including large increases for shipbuilding, Golden Dome-related programs and the…
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Source breakingdefense.com
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