WASHINGTON - The Department of Defense has released its detailed budget overview for Fiscal Year 2026, outlining additional details of a $961.6 billion request that represents a 13.4% increase over the prior year. Now available for your review, the document presents the administration’s strategy to achieve “peace through strength” by rebuilding the military and reestablishing deterrence. It specifies that the total funding is composed of an $848.3 billion discretionary budget and a $113.3 billion mandatory reconciliation bill, stressing to Congress that both are essential for its plans.
The overview details significant new investments and strategic priorities. Highlights from the request include:
· Homeland and Nuclear Deterrence: A proposal for $25 billion for the president’s Golden Dome" missile defense system and nearly $60 billion to continue modernizing all three legs of the nuclear triad.
· Global Competition: $10 billion for the Pacific Deterrence Initiative to counter China, $2.4 billion in security support for Taiwan, and $5 billion to secure the southern border.
· Conventional Forces: Funding for 19 new naval ships, development of the F-47 fighter jet, and billions more for hypersonic weapons, space, and cyber capabilities.
Finally, the document outlines a focus on personnel and reform under the banner of restoring the "warrior ethos." The budget provides for a 3.8% military pay raise, billions for improving housing and health care, and funding to reinstate service members dismissed over the COVID-19 vaccine mandate. The Pentagon also notes that these priorities are partially funded by redirecting nearly $30 billion in identified savings from targeting waste and bureaucracy.
The FY26 budget overview document can be accessed using the link below.