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Trump Proposes $1.01 Trillion Defense Budget to Expand Space Force and Missile Shield

The proposal relies on mandatory reconciliation funding to boost space capabilities with a new missile defense initiative before heading to Congress for debate

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US Pentagon Washington DC seen from above
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(Image Source: The Department of Defense)

Overview

  • The FY2026 request totals $1.01 trillion, combining $848.3 billion in discretionary spending with $113.3 billion in mandatory funds via reconciliation to deliver a 13.4 percent increase over FY2025.
  • Space Force funding soars by nearly 30 percent to $39.9 billion, and $25 billion is earmarked for the Golden Dome comprehensive missile defense initiative.
  • The budget allocates $60 billion for nuclear enterprise modernization alongside $6.5 billion for conventional munitions and $3.9 billion for hypersonic weapons.
  • It cancels the E-7 Wedgetail early warning aircraft program and cuts F-35 procurement from 74 to 47 jets to shift resources toward drones and long-range missile systems.
  • Quality-of-life measures include a 3.8 percent pay raise for troops, a $5 billion border security allotment, and investments in unaccompanied housing for service members.