Overview
- The Pentagon's fiscal year 2026 request combines an $848.3 billion discretionary base with $113 billion in one-time reconciliation funds for a total of $961 billion in Defense Department outlays.
- Funding shifts toward drones and long-range strike systems include increased investment in JASSM-ER, LRASM and tactical unmanned aircraft, while procurement of F-35 jets falls to 47 in fiscal 2026.
- The reconciliation bill allocates $25 billion for the Golden Dome missile defense initiative and lifts the Space Force budget to nearly $40 billion, marking its largest year-over-year increase.
- The budget cuts 7,286 Navy civilian positions, defers new warship acquisitions to separate appropriations and cancels the E-7 Wedgetail radar program.
- Senior officials have no fallback plan if Congress fails to approve the standalone 'One Big, Beautiful Bill,' spotlighting the risks of relying on reconciliation to bypass Senate filibuster rules.