Jan 7 (Reuters) - President Donald Trump said on

Wednesday the 2027 U.S. ‌military budget should be $1.5 trillion,

significantly higher than the $901 billion ​approved by Congress

for 2026, sending up defense ‍stocks.

Any such increase in the ⁠military budget ⁠would require

congressional authorization, but Trump's Republicans, who hold

slim majorities ‌in both the Senate ​and House of Representatives,

have shown little appetite for objecting to any such ⁠spending

programs.

Trump said in ‍a Truth ​Social post that he made the

decision on 2027 spending "after long and difficult negotiations

with ‍Senators, Congressmen, Secretaries, and other Political

Representatives... especially in these very troubled and

dangerous times."

In just the last few days, Nicolas Maduro was

toppled from power

in Venezuela and seized ​from ‍his country by U.S. forces.

The White House has also said that Trump is ​discussing options

for

acquiring Greenland

, including potential use of the U.S. military.

In trading after the market closed, shares in the biggest

defense firms rose on the news as investors bet a surge in

spending ​would bolster profits.

Lockheed Martin ( LMT ) was up 6.2%, General Dynamics ( GD )

rose 4.4% and RTX added 3.5%.