On May 2, 2025, U.S. President Donald Trump unveiled a proposed $961.6 billion budget for the Department of Defense (DoD) for fiscal year 2026. This represents a significant increase compared to the previous year's request. The budget prioritizes national defense capabilities and addresses perceived threats, particularly in the Indo-Pacific region.
Key components of the budget include the development of the "Golden Dome" space-based missile defense system, estimated to cost $175 billion. Funding is also allocated for the Boeing F-47 fighter aircraft and expansion of shipbuilding capacity, including additional Virginia-class submarines. A 3.8% pay increase for service members is also included.
The proposal has sparked discussions in Congress, with debates over the allocation of funds and the prioritization of defense spending. The Senate Budget Committee has released a budget blueprint that could add $150 billion in new funds for defense. The budget is expected to undergo further scrutiny and potential revisions as it progresses through the legislative process.