Defense Budgets & Spending News

SpaceNews.comSandra Erwin

Golden Dome reaches first operational site as Space Force warns funding gaps could halt the program

The Pentagon says President Donald Trump’s $185 billion Golden Dome missile-defense initiative has established its first operational site at Fort Story, Virginia, and completed two key tests. Space Force Gen. Michael Guetlein warned that without continued funding—and a solution to a potential 2027 cliff—the program will stop.

2026-08-11T11:20:36.865482-07:00

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Golden Dome reaches first operational site as Space Force warns funding gaps could halt the program

The Pentagon says President Donald Trump’s $185 billion Golden Dome missile-defense initiative has established its first operational site at Fort Story, Virginia, and completed two key tests. Space Force Gen. Michael Guetlein warned that without continued funding—and a solution to a potential 2027 cliff—the program will stop.

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Defense executives see bipartisan support for higher munitions spending despite FY27 budget uncertainty

RTX CEO Chris Calio said defense executives remain confident in Pentagon spending prospects despite uncertainty over the mechanics and topline of the fiscal 2027 budget. In a July earnings call, Calio cited bipartisan congressional support for increased munitions funding as lawmakers consider future allocations.

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Australia’s 10-year defense technology strategy prioritizes Ghost Bat, hypersonics, lasers, AI and quantum systems

Australia’s new 10-year defense technology strategy identifies the MQ-28 Ghost Bat, hypersonic weapons, high-energy lasers, artificial intelligence and quantum systems as national priorities. The plan signals where Canberra intends to concentrate defense technology development and capability investment over the coming decade.

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Airline Weekly

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UK and Europe expand defense investment at Farnborough, from GCAP and Dreadnought to Ukraine and autonomous aircraft

Farnborough coverage underscored Europe’s widening defense commitments: the UK allocated £8.6 billion to GCAP and released £8.4 billion in existing Dreadnought submarine funding, while the EU approved €3.47 billion for Ukrainian military hardware. New autonomous aircraft and sovereign-production plans highlighted the industrial implications.

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AeroTime

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EU releases €3.47B for Ukraine drones, air defence and Swedish Gripens as F-16s strain intercepting Russia’s drone swarms; NATO

Ukraine says its F-16s have destroyed more than 2,500 one-way attack drones, but repeated interceptions are wearing down the small fleet. The EU has disbursed €3.47 billion ($4 billion) to fund additional drones, air-defence missiles and Swedish-made Gripen fighter jets, amid renewed Russian missile and drone attacks that killed nine, including children. NATO is also investigating a reported Russian missile hit into Polish airspace.

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