Defense Industrial Base

The CSIS Defense-Industrial Initiatives Group studies the critical issues at the cross-section of the Department of Defense and its industrial base, focusing on defense acquisition trends, technological innovation, security cooperation, and ongoing reform efforts.

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Photo: Tajh Payne/US Navy via Getty Images

Photo: Tajh Payne/US Navy via Getty Images

What Can Trump’s Budget Buy the Navy? Exploring Options and Trade-Offs

If defense spending reaches historic highs, how should the Navy invest its new funding? This report explores competing priorities, from ships and munitions to readiness and deterrence, and the trade-offs shaping the future of U.S. seapower.

Report by Benjamin Jensen, Mackenzie Eaglen, and Henry H. Carroll — March 19, 2026

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Seth G. Jones
President, Defense and Security Department; Harold Brown Chair