The Department of War on April 29, 2026, presented a $1.5 trillion fiscal‑year 2027 budget request to Congress, emphasizing increased pay for service members and a renewed focus on the defense industrial base. Secretary Pete Hegseth said the request addresses long‑standing problems and positions the joint force for current and future challenges. The budget proposes a 7 % pay raise for E‑5 and below, 6 % for E‑6 to O‑3, and 5 % for O‑4 and above, and eliminates all poor or failing barracks. Hegseth highlighted a shift from a bureaucratic acquisition model to a business‑like approach, using multiyear contracts and smart deals to speed production. Gen. Dan Caine, chairman of the Joint Chiefs of Staff, urged timely, predictable investment to modernize the force and recharge the industrial base.
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Summary adapted from https://war.gov
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