""I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our Military Budget for the year 2027 should not be $1 Trillion Dollars, but rather $1.5 Trillion Dollars. This will allow us to build the "Dream Military" that we have long been entitled to and, more importantly, that will keep us SAFE and SECURE, regardless of foe," Trump wrote."
"Presumably, the beefed-up budget would help pay for some of Trump's military ambitions, which include a Golden Dome air-defense system, and even a new naval ship design. As for how it'd be paid for, Trump's Truth Social post suggests that tariff revenue could help cover the additional costs. The reaction by the markets was predictable, as defense companies saw share prices rise during pre-trading Thursday morning."
A call for a $1.5 trillion U.S. defense budget for 2027 would represent roughly a 50% increase over the 2026 $901 billion budget. The proposal aims to fund a "Dream Military," including a Golden Dome air-defense system and a new naval ship design. Proposed funding sources include tariff revenue. Markets reacted with gains in major defense contractors, with Lockheed Martin rising over 6%, Northrop Grumman about 3.75%, and Raytheon about 2% in pre-market trading. An idea to bar defense-company buybacks or dividends was also floated, and some Republican lawmakers have signaled support while feasibility remains unclear.
Read at Fast Company
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