1 source · first reported 4h ago

Defense executives are optimistic about Pentagon spending despite uncertainty over the FY27 budget, citing bipartisan support for increased munitions. RTX CEO Chris Calio expressed confidence in Congress' backing for munitions spending during a recent earnings call.
The potential increase in munitions spending could impact the defense industry and national security, as it may influence the development and acquisition of various defense systems and platforms.
How this story unfolded across sources, oldest first.