FY26 Defense Bill Approves $838.7B Budget, Ignores $28B Munitions Request
DEFENSESPACE ECONOMY
House and Senate appropriators have finalized an $838.7 billion defense budget for FY26, which is $8.4 billion more than the Pentagon's request, but notably excludes a $28.8 billion multiyear munitions procurement request. Key allocations include funding for solid rocket motors, E-7 Wedgetail radar planes, and the Navy's F/A-XX fighter, while the Army faced cuts and $400 million was added for Ukraine assistance. Additionally, $642 million is designated for the Space Force's procurement budget amid ongoing scrutiny.

Jan 22, 2026, 6:00 AM