LHX · 10-Q · 2026Q4 · Full report

Defense Spending Outlook

L3HARRIS TECHNOLOGIES, INC. /DE/ · 2026-10-29 · Importance 54 · Surprise 74

The April 3, 2026 U.S. Government fiscal year 2027 President’s Budget Request called for approximately $1.5 trillion in national defense spending, including a $1.1 trillion Department of War base budget and $350 billion in reconciliation funding—$441 billion, or 44%, above the fiscal year 2026 enacted level. The request also proposed $18.8 billion for NASA, down $5.6 billion or 23%, and $4.5 billion for NOAA, compared with $6.1 billion enacted in fiscal year 2026. A continuing resolution runs from October 1 through December 11, 2026, limited to the fiscal year 2026 base budget of $860 billion; almost all NATO allies have committed to spend 5% of GDP annually on defense and security over the next decade.

Key facts

• L3Harris stated that changes in U.S. Government or international spending priorities could affect its business amid global conflicts and geopolitical tensions. source
• L3Harris states that inflation, supply-chain disruptions, constraints in critical materials including rare-earth minerals and metals, interest rates, and federal deficits could affect U.S. Government spending priorities for its products and services. source