Trump's 2027 Budget to Include $56 Billion for Drone Dominance, Hegseth Says
Pete Hegseth said President Trump's 2027 budget will include $56 billion for drone dominance, providing a specific spending figure for the administration's push to expand US drone capabilities and production. He said the military is learning from Ukraine's battlefield use of drones and wants the US to move from parity to leadership in the field.
The comments follow earlier reports that the administration was discussing debt and equity financing for US drone makers including Unusual Machines, Neros Technologies and Performance Drone Works, with some proposals potentially giving the government ownership stakes. Those talks were linked to the Pentagon's $1.1 billion Drone Dominance program, which aimed to lower unit costs to about $5,000 and field 300,000 low-cost attack drones by the end of 2027.
From the sources (19 posts)
@firstsquawkWSJ: The Trump administration is discussing potential funding initiatives for American drone manufacturers.
@zerohedgeThe Trump Administration Is in Talks to Fund U.S. Drone Companies: WSJ
@stockmktnewzThe 🇺🇸 Trump administration is pursuing funding deals with a group of drone companies as part of its effort to increase domestic production - WSJ
@andrewcurran_The Pentagon is in negotiations with multiple private-sector drone companies, and some of the deals under discussion may include the US Government taking equity positions in domestic drone companies. Reporting from the WSJ.
@stocksavvyshayPresident Trump is pursuing funding deals with a group of drone companies to boost domestic production. Another signal that U.S.-made drones are becoming a national security priority. $ONDS, $AVAV, $KTOS, $AVEX, $UMAC, $RCAT, $DPRO https:
@wallstengineThe Trump administration is in talks to fund U.S. drone companies, including Unusual Machines $UMAC and Sequoia-backed Neros, per WSJ. Some proposals could include a mix of debt and equity, potentially giving the U.S. government ownership s
@polymarketmoneyPresident Trump is pursuing funding deals with drone companies to boost domestic production.
@reutersTrump administration in talks to fund US drone companies, WSJ reports
@zerohedgeDrone Stocks Erupt After Report Of Pentagon Funding Deals
@negligible_capIt’s a great day to be a drone company, especially one that’s backed by Trump’s sons.
@stocktwitsU.S. drone stocks today after news of Trump admin's funding announcement hit $AVAV +13% $ONDS +18% $RCAT +22% $KTOS +12%
@businessShares of drone makers and suppliers rallied Thursday after a report said the Trump administration is exploring potential funding deals with a group of companies to increase domestic production and lower costs
@clashreportTrump admin is in talks to give equity/debt funding to U.S. drone companies (Unusual Machines, Neros Technologies, Performance Drone Works) to scale domestic manufacturing and hit a ~$5K/unit cost target. It’s part of the Pentagon’s $1.1
@globalflash_cam🚨 BREAKING: Trump admin negotiating equity/debt financing for US drone makers (Unusual Machines, Neros, Performance Drone Works). Goal: $5,000/unit, domestic production, part of Pentagon's $1.1B "Drone Dominance" program. Can startups sca
@megatron_ronJUST IN: 🇺🇸🇺🇦Secretary of War Pete Hegseth says the US military is learning from Ukraine: “What you'll see in President Trump's 2027 budget is $56 billion in investment in drone dominance. We continue to learn from what Ukraine has done o
@marionawfal🇺🇸🇺🇦 War Sec. Hegseth says Trump's 2027 budget will include a $56 billion investment in drone dominance. He pointed directly to Ukraine as the lesson.
@archer83ablePentagon's chief Pete Hegseth: 💬 I'm encouraged by the European commitment. If you look at the amount of money that's been spent, Europe has stepped up and Ukraine has been just as, if not more effective in the process. So we want them to
@clashreportPete Hegseth: What you'll see in President Trump's 2027 budget is $56 billion in investment in drone dominance. We continue to learn from what Ukraine has done on the battlefield. We've learned so much from Ukraine and how they operate.
@xnewsglobalen🇺🇸 Pete Hegseth reveals Trump's 2027 budget: $56B for drone dominance, learning from Ukraine. New US strategy?