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Lloyd Austin, Bloomberg and defense spending
Lloyd Austin recommends a $50 billion increase in defense spending
Defense Secretary Lloyd Austin is recommending that the incoming administration spend $50 billion more on defense than President Joe Biden requested. Austin’s five-year spending plan includes a projection to spend as much as $1 trillion on defense as soon as 2028.
Austin recommends $50 bln boost above US 2026 defense spending projections, Bloomberg News reports
Outgoing U.S. Defense Secretary Lloyd Austin has recommended a boost in defense spending by about $50 billion more than the current 2026 projections, a move that could push the defense budget beyond $1 trillion in the coming years,
Austin Recommends $50 Billion Boost Above US 2026 Defense Spending Projections, Bloomberg News Reports
(Reuters) -Outgoing U.S. Defense Secretary Lloyd Austin has recommended a boost in defense spending by about $50 billion more than the current 2026 projections, a move that could push the defense budget beyond $1 trillion in the coming years, Bloomberg News reported on Monday.
Hosted on MSN
3h
Secrecy Around Austin's Hospitalization Was 'A Problem,' White House Says
The decision to keep Defense Secretary
Lloyd
Austin
’s hospitalization a secret even from the commander-in-chief for several days raised an issue, the National Security Council’s spokesperson John ...
Stars and Stripes
16h
Austin tells OMB $926 billion defense budget needed, $55 billion over current plan
Austin recommended that OMB leave Trump’s incoming administration a proposed five-year defense plan that starts with $926.5 ...
6d
Lloyd Austin departures for last trip to Ramstein meeting as US secretary of defense
US Secretary of Defense Lloyd Austin has departed for Germany to attend the 25th meeting of the Ukraine Defence Contact Group ...
4d
on MSN
Zelenskyy and Austin use their final meeting to press Trump to keep supporting Ukraine
Ukrainian President Volodymyr Zelenskyy and U.S. Defense Secretary Lloyd Austin used their final meeting in Germany to press ...
5d
on MSN
The Lloyd void: Ukraine group wrestles with future after Austin leaves
Formed in the aftermath of Russia’s full-scale invasion in 2022, the Ukraine Defense Contact Group has ballooned to 50-plus ...
Defense News on MSN
4d
At Ramstein, Pentagon chief Austin departs Ukraine group he founded
But as the day began, the focus was less on Austin than what it means for him to depart. In the last three years, the ...
4d
on MSN
Appeals court temporarily blocks 9/11 plea deals
An appeals court on Thursday temporarily blocked a plea deal for three accused 9/11 plotters in a win for the Justice ...
5d
US troops need to stay in Syria to counter the Islamic State group, Austin says
Defense Secretary Lloyd Austin told The Associated Press that the U.S. needs to keep troops deployed in Syria to prevent the ...
15h
on MSN
Biden announces next two aircraft carriers to be named after Presidents Bill Clinton, George W. Bush
The next Gerald R. Ford-class aircraft carriers will be named after former Presidents Bill Clinton and George W. Bush, per an ...
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