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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.
Defense One
9h
‘I know what I don’t know,’ SecDef pick says at confirmation hearing
At the hearing, Democrats questioned Hegseth’s bona fides—he has no experience leading a large organization—and his fitness ...
Stars and Stripes
1d
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 ...
1d
on MSN
Outgoing US defence secretary Lloyd Austin proposes to push budget beyond $1 trillion
Outgoing US Defence Secretary Lloyd Austin proposes increasing defence spending by $50 billion for 2026, potentially pushing ...
7d
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 ...
9h
on MSN
4 takeaways from Pete Hegseth’s confirmation hearing
Awkward exchanges about the defense secretary hopeful’s past were plentiful as Democrats went after the first embattled Trump ...
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 ...
Defense News on MSN
5d
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 ...
6d
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 ...
6d
on MSN
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 ...
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