The fiscal 2027 National Defense Authorization Act advances to the Senate after a narrow 216-212 House passage.
The US House of Representatives passed a $1.15 trillion defense spending bill for fiscal 2027, marking the largest authorization in history. The vote split 216-212, with support largely divided along party lines, signaling potential challenges ahead in the Senate.
The bill, known as the National Defense Authorization Act, exceeds last year’s $950 billion allocation by over 20%. Analysts note the increase reflects rising geopolitical tensions and modernization efforts. Senate approval remains uncertain due to partisan divisions.
Markets showed muted reaction, with defense stocks holding steady as investors await Senate deliberations.