FY27 Budget Release

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FY27 J-Books Release Tracker
Justification Book Status by Branch and Color of Money
Released In Progress
Branch Procurement RDT&E O&M
Army
Navy
Air Force
Defense
*Updated daily with new releases.
Color of Money — Base Budget
RDT&E: $218.8B
Procurement: $257.6B
O&M: $382.4B
MILPERS: $205.1B
Revolving & Mgmt Fund: $7.5B
MILCON+: $28.6B
Color of Money — Base + Reconciliation
RDT&E: $343.7B
Procurement: $413.1B
O&M: $430.6B
MILPERS: $205.1B
Revolving & Mgmt Fund: $26.3B
MILCON+: $31.3B
Service Breakdown — Base Budget
Army: $131.7B
Navy: $235.4B
Air Force: $234.7B
Defense: $177.2B
Marines: $23.8B
Space Force: $57.3B
Service Breakdown — Base + Reconciliation
Army: $168.5B
Navy: $267.9B
Air Force: $250.1B
Defense: $403.3B
Marines: $29.4B
Space Force: $69.4B

FY27 Budget Summary

PDF
7.1 MB
FY27BudgetSummary.pdf
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FY27 Reconciliation Summary

PDF
5.2 MB
ReconciliationSummary.pdf
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Top Defense Priorities
Golden Dome Missile Defense
Nearly all of the $17.5B for the Golden Dome system funded via reconciliation, with ~$400M in the base request
Shipbuilding Expansion
$65.8B to procure 18 battle force ships and 16 non-battle force vessels, part of a broader push to fund 123 ships and expand beyond traditional prime contractors
F-35 Procurement Surge
85 F-35s requested (38 A, 10 B, 37 C) — up from 47 in FY26 — with 53 funded via reconciliation as Block 4 upgrades come online
F-47 NGAD
Continued robust funding for the F-47 Next Generation Air Dominance platform
Munitions & Industrial Base
Funds all critical munitions framework deals; focused on expanding production capacity and private-sector capital investment
Drones & Emerging Tech
Targeted investments in drones, critical mineral supply chains, AI, and autonomous systems
Military Compensation
Tiered pay raises of 5%–7% with additional investments in barracks, facility sustainment, and medical readiness
Shift to Modernization
$760B total across Procurement and RDT&E — $260B base procurement, $220B base RDT&E, plus $280B via reconciliation
Key Takeaways
  • Historic Scale: The FY27 defense budget request totals $1.5 trillion — a 42% increase over current levels, with a stated goal of shifting the force from sustainment to industrial base expansion and new capability delivery.
  • Modernization Investment: Combined procurement and RDT&E would reach ~$760 billion, split between a ~$260B base procurement account, ~$220B for RDT&E and an additional ~$280B sought for both through reconciliation.
  • Major Program Investments: Shipbuilding ($65.8B for 34 vessels), F-35 (85 aircraft, nearly double FY26's 47), Golden Dome missile defense ($17.5B), and munitions industrial base expansion are all prominent features.
  • Industrial Base Emphasis: The budget explicitly targets production capacity — munitions "framework" deals, shipbuilding beyond traditional primes, and investment in drones, critical minerals, AI, and autonomous systems.
  • Funding Structure: The request pairs a $1.15T discretionary base with $350B in mandatory spending via a second reconciliation bill.

What Is A New Start?

A new start is a budget line introduced this fiscal year with no prior-year funding and is not a renamed, transferred, or restructured version of an existing line. New starts include new lines of effort, new platforms and technologies, research activities transitioning to procurement for the first time, and other noteworthy additions to the budget each year.

FY27 J-Books Release Tracker
Justification Book Status by Branch and Color of Money
Released In Progress
Branch Procurement RDT&E O&M
Army
Navy
Air Force
Defense
*Updated daily with new releases.
Munitions in the FY27 Request
Budget (FY27)
$45.0B
+$7.5B +20.0%
Request$45.0B
Reconciliation$0.0

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