Financial reporting on defense and aerospace companies, covering quarterly results, order books, mergers, acquisitions and the export deals moving revenue.
June marks the start of subcommittee and full-committee markups on the fiscal 2027 defense authorization, the annual legislative sprint that per CRS reliably moves from committee in June to the House floor in July.
The Army's $253 billion fiscal 2027 budget request, per the department's war.gov budget page, banks a year of restructuring — shifting money from legacy systems toward long-range fires, air defense, and munitions depth.
The missile defense and defeat account nearly doubles from $43.3 billion to $85.8 billion in fiscal 2027, converting the January 2025 Golden Dome directive from concept paper into the budget's fastest-growing line.
Released April 3-4, 2026, the fiscal 2027 request pairs a $1.15 trillion discretionary ask with $350 billion in reconciliation funding, pushing defense toward 4.5 percent of GDP and up 44 percent versus FY2026 enacted levels.
Service chiefs take their annual seats before the Senate Armed Services and House Appropriations committees this month, beginning theWashington ritual that previews the fiscal 2027 defense budget before its April release.
An executive order made Department of War the department's secondary name in September 2025, but a full legal renaming requires an act of Congress — leaving the department operating in a two-name state.