Get all your news in one place.
100's of premium titles.
One app.
Start reading
MarketBeat
MarketBeat
Chris Markoch

Defense Budget Expansion: 3 Mid-Cap Names in a Sweet Spot

In early April, the Trump administration proposed an increase in defense spending to $1.5 trillion for 2027. This was the largest such request in decades and would mark a 44% increase for the Pentagon. At first glance, it would be easy to connect this request to the Iran war. However, the administration floated its desire for a larger defense budget before the conflict began.

The reason is practical as well as strategic: The current military infrastructure is not well-suited for the nature of future warfare—or at least not as well-suited as it could be. Preparing it will require more investment in next-generation shipbuilding as well as in autonomous defense solutions.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.