U.S. President Donald Trump on Friday submitted a budget request to Congress for fiscal year 2027 seeking $1.5 trillion in defense spending, a roughly 44% increase over 2026 levels, while proposing a 10% reduction in non-defense discretionary spending totaling $73 billion in cuts.

The proposed defense budget includes funding for Trump’s Golden Dome missile defense system, a pay raise of 5% to 7% for military personnel and $65.8 billion for 34 new combat and support ships. The White House said the request “advances President Trump’s delivery of peace through strength.”