Overview
- The administration’s fiscal 2027 request targets roughly $1.5 trillion for defense, up from about $1 trillion in 2026.
- Higher spending push follows costlier operations linked to the Iran conflict, which has raised military and energy-related expenses.
- Lawmakers remain split over how much to fund, how long the fighting could last, and how involved the United States should be.
- Investor coverage highlights potential gains for defense contractors, though any boost depends on Congress passing the plan.
- Lockheed Martin’s recent PAC-3 missile contracts and the request for 85 F-35 jets in 2027 illustrate where new funds could flow.