Golden Dome, F-35s, and Submarines: Inside Trump’s Record $1.5 Trillion Defense Plan

TLDR

• Trump is set to unveil a $1.5 trillion defense budget for fiscal year 2027
• It includes $185 billion for the “Golden Dome” missile defense shield
• F-35 jets, Virginia-class submarines, and warships are also included
• Last year’s defense spending already crossed $1 trillion for the first time
• Funds aim to deter China in the Indo-Pacific and restock weapons depleted by Middle East and Ukraine conflicts

President Donald Trump is preparing to release a $1.5 trillion defense budget request for fiscal year 2027. This would be the largest year-over-year increase in U.S. defense spending since World War Two.

The budget is expected to be unveiled on Friday. A Pentagon official said more detailed breakdowns will follow on April 21.

A central piece of the proposal is the “Golden Dome” missile defense shield. That program alone carries a price tag of $185 billion.

The budget also includes continued funding for Lockheed Martin F-35 fighter jets. These are among the most advanced combat aircraft in the U.S. military fleet.

Shipbuilding is another major focus. Virginia-class submarines built by General Dynamics and Huntington Ingalls Industries are expected to receive procurement funding.

Other naval vessels and maritime priorities are also anticipated in the request. Shipbuilding has become a growing priority for the Pentagon in recent years.

Last year, the Trump administration asked Congress for $892.6 billion in defense funding. It then added a $150 billion supplemental request, pushing total spending past $1 trillion for the first time in U.S. history.

The 2027 request would push that number even higher. At $1.5 trillion, it represents a major jump from the previous year’s total.

How the Budget Could Be Structured

Earlier this year, the administration considered splitting the request into a $900 billion base budget and a $400 billion to $600 billion supplemental. That mirrors the structure used in 2026.

It’s not yet clear which format the final request will take. Congress will debate the proposal in the weeks and months ahead.

What the Funds Are For

The administration says the money will support expanded weapons production. The goal is to deter Chinese military activity in the Indo-Pacific region.

Funds will also go toward restocking weapons depleted by conflicts in Israel, Iran, and Ukraine. Those conflicts have drawn heavily on U.S. military supplies.

Defense contractors expected to benefit include Lockheed Martin, General Dynamics, and Huntington Ingalls Industries. Other names tied to defense spending include RTX, Northrop Grumman, and Boeing.

The budget request is now with Congress. Lawmakers are expected to scrutinize the proposal closely before any funds are approved.

The Pentagon’s full budget breakdown is scheduled for April 21.

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