President Donald Trumpâs budget blueprint for fiscal 2018 would allocate $603 billion in funds for defense, Bloomberg reported Wednesday.Government officials told Bloomberg that the proposed defense budget would appropriate funds for the acquisition of nine warships that include the addition of one DDG-51 Flight III guided-missile destroyer ship built by Huntington Ingalls Industries and General Dynamics.
Trumpâs defense budget would also procure enough Raytheon-built Tomahawk cruise missiles to keep the companyâs Arizona-based plant operational and more precision-guided munitions from Boeing, Raytheon and Lockheed Martin.
The fiscal 2018 budget request would not deviate from the Obama administrationâs plan to procure 14 Boeing-made F/A-18E/F Super Hornet aircraft and 70 Lockheed-built F-35 fighter jets, according to the officials.
Trump is expected to send his proposed budget to Congress by May 23, the report added.
