RTX · News · 20261108N

Defense Spending Outlook

RTX Corp · 2026-11-08 · Importance 32 · Surprise 56

President Trump’s proposed $1.5 trillion U.S. defense budget for FY2027 faces weaker prospects after Democrats won control of both chambers of Congress in the midterm elections. The proposal would represent a 44% increase in defense spending, but opposition has strengthened amid the unpopular Iran war. A smaller or blocked package could temper growth expectations for Pentagon suppliers, including RTX; the amount is requested budget authority, not enacted spending.