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US President Donald Trump, alongside (L/R) Secretary of State Marco Rubio, Secretary of Defense Pete Hegseth, and Chairman of the Joint Chiefs of Staff General Dan Caine, speaks to the press following US military actions in Venezuela, at his Mar-a-Lago residence in Palm Beach, Florida, on January 3, 2026. (Photo by Jim WATSON / AFP via Getty Images)

Trump calls for $1.5T in defense spending in 2027, issues new executive order on contracting

The president also criticized defense contractors.
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