The One Trillion Dollar Question: Defense Spending in 2025

Brownstein Podcast Series, July 8, 2025

In his first year back in office, President Trump committed over $1 trillion to defense spending. With global tensions rising—from Europe to the Middle East to the Indo-Pacific—the U.S. is relying on its defense industry to stay ahead. Brownstein’s Defense Team breaks down the delayed NDAA, the recently concluded reconciliation fight and the kickoff of FY2026 appropriations talks.

THIS DOCUMENT IS INTENDED TO PROVIDE YOU WITH GENERAL INFORMATION REGARDING DEFENSE SPENDING. THE CONTENTS OF THIS DOCUMENT ARE NOT INTENDED TO PROVIDE SPECIFIC LEGAL ADVICE. IF YOU HAVE ANY QUESTIONS ABOUT THE CONTENTS OF THIS DOCUMENT OR IF YOU NEED LEGAL ADVICE AS TO AN ISSUE, PLEASE CONTACT THE ATTORNEYS LISTED OR YOUR REGULAR BROWNSTEIN HYATT FARBER SCHRECK, LLP ATTORNEY. THIS COMMUNICATION MAY BE CONSIDERED ADVERTISING IN SOME JURISDICTIONS.