WASHINGTON, April 21 (Reuters) - The Pentagon on Tuesday
unveiled more details of President Donald Trump's $1.5 trillion
defense budget request for fiscal year 2027, by far the largest
year-over-year increase in defense spending in the post-World
War Two era.
In a new wrinkle, the Pentagon has created a category it is
calling "presidential priorities," covering Golden Dome missile
defense, drone dominance, artificial intelligence and data
infrastructure, and the defense industrial base, Pentagon
officials told reporters.
Last year, Trump asked Congress for a national defense budget of
$892.6 billion then added $150 billion through a supplemental
budget request, sending the total price tag over $1 trillion
for the first time in history.
On shipbuilding, the budget includes over $65 billion to procure
18 warships and 16 support ships made by General Dynamics ( GD )
and Huntington Ingalls Industries ( HII ) as part of what the
Pentagon is calling the "Golden Fleet" initiative, the largest
shipbuilding request since 1962, the officials said.
The budget ramps up Lockheed Martin F-35 procurement to
85 aircraft per year and includes $102 billion for aircraft
procurement and research and development, a 26% increase over
the prior year, the officials said. Development of
next-generation systems like the Boeing Co F-47 fighter
jet is also a priority, while $6.1 billion is requested for
Northrop Grumman's ( NOC ) B-21 bomber.