Aerospace Industries Association president Eric Fanning says steady, predictable defense budgets, not outliers like the proposed $150 billion reconciliation package, are the way for the Pentagon to get the production capacity increases it wants.
Budget


Budget
President Donald Trump is proposing a 13 percent increase in defense spending for fiscal 2026, growth that could mean the first ever $1 trillion defense budget, according to a document obtained by Air & Space Forces Magazine.
Air Force exercises in the Indo-Pacific may soon get even bigger and more robust, as lawmakers move to invest more than $620 million in such efforts. The bulk of that money, contained in a $150 billion reconciliation package currently making its way through Congress, is ...
After years of serving as the bill-payer for other Pentagon priorities, munitions stockpiles are poised to get a major boost from the $150 billion reconciliation package unveiled by lawmakers in Congress this week, along with the defense industrial base to...
Lawmakers in Congress are working to inject tens of billions of dollars into President Donald Trump’s ambitious “Golden Dome” plan for comprehensive missile defense of the U.S. homeland in the coming months.
The new defense reconciliation bill includes $7.2 billion for Air Force and Navy aviation accounts, almost half of which will buy more F-15EXs. While electronic warfare, drones, connectivity and airlift all get attention, the F-35 was conspicuously absent from the package, with no explanation given.
The heads of the House and Senate Armed Services committees have unveiled a plan for $150 billion in new defense spending, as part of a massive planned package meant to advance President Donald Trump’s agenda. The proposed bill would inject several billion dollars into major Air Force ...
As the Trump administration puts the finishing touches on its 2026 defense budget, the F-35 Joint Program Office has issued a statement explaining what all is included in its $2.1 trillion, 94-year program cost estimate.
Former Air Force Secretary Frank Kendall wasn't planning to include the NGAD in the fiscal 2026 budget proposal, saying on a podcast that there were higher priorities. He and former Air Force acquisition executive Andrew Hunter also say the program is structured such that there ...