The fiscal 2026 National Defense Authorization Act authorizes $900.6 billion for U.S. defense spending, a slight increase over 2025 spending levels. However, disputes such as the Russia-Ukraine war, Middle East conflicts and U.S.-China tensions over Taiwan will likely trigger even... Read more
The fiscal 2025 National Defense Authorization Act calls for $923.3 billion in U.S. military spending, up 4.1% from 2024 levels. However, the ongoing war in Ukraine, tensions between China and Taiwan, and conflicts between Israel, Iran, Hamas and Hezbollah in... Read more