<h1>Trump's $1.5T military spending plan and Pentagon contract pressure on Raytheon to end stock buybacks, boost production</h1> President Donald Trump proposed increasing US military spending to USD 1.5 trillion for fiscal year 2027, a substantial rise from the USD 901 billion level set for 2026; if adopted through the federal budget and appropriations process, this would expand authorized defence outlays and enable increased procurement and force-capacity funding. He also stated that Pentagon procurement from Raytheon would be curtailed unless the company ends stock buybacks and directs more profits to expanding weapons manufacturing capacity; if implemented through contracting and procurement decisions, this would condition eligibility for future defence contracts on specified capital-investment and corporate-finance practices.