Defense News

Navy shipbuilding stands to get $27 billion in funding in 2026

House and Senate appropriators backed the White House’s shipbuilding goals with an additional $6.5 billion in funding for fiscal year 2026—including adjustments to fix accounting errors resulting from last year’s budget reconciliation. The compromise bill, released last week, allots a total $27.2 billion for
January 26, 2026
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US seizes 2 oil tankers linked to Venezuela

President Donald Trump’s administration on Wednesday sought to assert its control over Venezuelan oil, seizing a pair of sanctioned tankers transporting petroleum and announcing plans to relax some sanctions so the U.S.
January 8, 2026
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