Government News covers the money side of defense and aerospace: quarterly results, backlog figures, mergers, acquisitions, plant investment and export contracts. Reporting stays with disclosed numbers and regulatory filings rather than forecasts. Intended for investors, suppliers and executives tracking how defense demand converts into company revenue.
Financial reporting on defense and aerospace companies, covering quarterly results, order books, mergers, acquisitions and the export deals moving revenue.
Other Transaction Agreements let the Defense Department negotiate prototype and research deals outside the Federal Acquisition Regulation, a tool that has grown sharply since the mid-2010s but comes with its own oversight gaps.
The fiscal year ends September 30 with full-year appropriations unbuilt, and the FY2027 request's two-track structure — $1.15 trillion discretionary plus $350 billion in reconciliation — makes this year's deadline harder to manage than most.
The House takes up the fiscal 2027 defense authorization this month, keeping alive a July floor tradition that per CRS has anchored the bill's more-than-60-year enactment streak — with an amendment season that will test the reconciliation build-up.
June marks the start of subcommittee and full-committee markups on the fiscal 2027 defense authorization, the annual legislative sprint that per CRS reliably moves from committee in June to the House floor in July.
The Army's $253 billion fiscal 2027 budget request, per the department's war.gov budget page, banks a year of restructuring — shifting money from legacy systems toward long-range fires, air defense, and munitions depth.
The missile defense and defeat account nearly doubles from $43.3 billion to $85.8 billion in fiscal 2027, converting the January 2025 Golden Dome directive from concept paper into the budget's fastest-growing line.
Released April 3-4, 2026, the fiscal 2027 request pairs a $1.15 trillion discretionary ask with $350 billion in reconciliation funding, pushing defense toward 4.5 percent of GDP and up 44 percent versus FY2026 enacted levels.
Service chiefs take their annual seats before the Senate Armed Services and House Appropriations committees this month, beginning theWashington ritual that previews the fiscal 2027 defense budget before its April release.
An executive order made Department of War the department's secondary name in September 2025, but a full legal renaming requires an act of Congress — leaving the department operating in a two-name state.
Signed into law in December 2025, the fiscal 2026 defense authorization sets policy and program direction — but money still depends on a separate appropriations process that remains unfinished.