00:00Today's briefing is on the Department of Defense fiscal year 2027 budget request.
00:07Speaking here today is the Undersecretary of Defense Comptroller, Chief Financial Officer, Honorable Jules J. Hurst III,
00:16and the Director of the Forest Structure Resource and Assessment with the Joint Staff, Lieutenant General Stephen P. Whitney.
00:24We're facing one of the most complex and dangerous threat environments in our nation's 250-year history.
00:28Our adversaries are rapidly advancing capabilities across every warfighting domain, in the air, land, sea, space, and cyberspace.
00:38We will also defend the homeland by continuing to build America's Golden Dome, a next-generation missile shield.
00:44In FY26, we began building Golden Dome by focusing on creating the infrastructure to build situational awareness and sense threats.
00:51In FY27, we will expand that sensing network and invest in next-generation interceptors.
00:57This investment in the security of America and Americans is an absolute game-changer.
01:02As we defend the homeland from advanced missile threats, we're also investing in the revolution in autonomous systems.
01:09Drone warfare is rapidly reshaping the modern battlefield, and this budget is the largest investment in drone warfare and counter
01:16-drone technology in U.S. history.
01:17We're requesting $53.6 billion for autonomy, drone platforms, and contested logistics, along with $21 billion for munitions, counter-drone
01:27technologies, and advanced systems like the collaborative combat aircraft, the MQ-25.
01:32Man-done-man teaming is the future of combat, and this budget makes it a reality.
01:36In the maritime domain, this budget requests a consistent, strong demand signal to industry to expand production.
01:44It includes over $65 billion for 18 Battle Force ships and 16 support ships as part of the Golden Fleet
01:51Initiative and our continued commitment to maritime dominance.
01:56It also requests $427 million for three medium unmanned surface vehicles, along with the testing and development of their associated
02:04payload systems.
02:05It also includes an $8.7 billion investment in the maritime industrial base and shipyard infrastructure.
02:12These investments span seven Tier 1 private shipyards, four public shipyards, multiple Tier 2 private shipyards, and includes funds to
02:21study a fifth public shipyard.
02:23The maritime industrial base investments can be broken down further through a different perspective, shown on the right of the
02:28slide, in areas of the Submarine Industrial Base, or SSIB, the Shipyard Infrastructure Optimization Program, or SIOP, the broader Shipbuilding
02:39Industrial Base, or SIB, and the Nuclear Enterprise.
02:43Altogether, this budget request demonstrates a strong, sustained investment in our shipbuilding industry, allowing the Navy to build, maintain, and
02:51modernize a dominant, ready fleet.
02:54Next slide, please.
02:57Shifting to land power, the Department is committed to the modernization of our ground forces to ensure our ability to
03:03dominate against our evolving threats.
03:06This request includes approximately $65 billion split between the elements of the Army and the Marine Corps to procure new
03:13assets, focusing on missiles, armored vehicles, and helicopters.
03:18Honorable Hurst mentioned the investment in munitions earlier in the presentation.
03:21One piece of this investment is $31.8 billion for critical land-based missiles with an increased procurement in FY26
03:28of the Patriot, the Terminal High Altitude Area Defense, or THAAD, program, precision strike missiles, and mid-range capability weapons.
03:38Those increases from FY26 to this request are displayed on the right of the slide.
03:42On armored vehicles, the budget request is $3.2 billion in funds to modernize armored brigade combat teams with the
03:50procurement of armored multipurpose vehicles, or AMPVs, the development of the XM-30 infantry combat vehicle, and lethality and survivability
03:59upgrades of the Abrams tanks.
04:01The budget also requests $2.2 billion in funding for advanced next-generation tilt rotorcraft in the MV-75, also
04:09known as the Cheyenne-2, specifically seeking efforts in prototyping, testing, and production planning.
04:16These target investments allow for modernization across both the Army and the Marine Corps.
04:22Switching to air power, a request of $102 billion is included for aircraft procurement and research and development, representing a
04:2926% increase over last year.
04:32It also maximizes readiness and aircraft availability by increasing sustainment and spares fundings across most platforms, producing the capabilities our
04:40warfighters need to fight and win.
04:41Some key highlights include, as shown on the slide, wrapping up the procurement of the F-35 fighter aircraft to
04:4985 for the United States, expanding the F-15EX fighter production to 24, continuing the development of six-generation fighter
04:58systems like the F-47 and the F-AXX, and increasing the procurement rate of the KC-46 across the
05:06fight-up, while also providing critical funding for modification, spares, and reliability improvements,
05:11to increase the aircraft's availability.
05:14This request in expanded capacity should serve to maximize readiness, bolstering our ability to achieve air superiority in a conflict.
05:22The FY27 President's budget reflects a clear assessment of the threats we face and a determined commitment to ensuring our
05:30joint force is properly armed, globally integrated, and ready when our nation calls.
05:36It invests in the capabilities required, the industrial base to produce them, and the readiness of our warfighters to utilize
05:42them effectively.
05:44Thank you for your time today and your commitment to covering our department and our joint force.
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