Global for Tuesday, May 12, 2026

• Trump’s Golden Dome missile shield estimated to cost $1.2 trillion
• Defense contractors have donated millions to members of Congress, new report finds
• Pentagon seeks additional funding as cost of Iran war tops $29 billion
• Allies surpassed the US in military budget purchasing power last year, new report shows
• NATO to cultivate vetted counter-drone vendor pool for nations to pick and choose
• Turkey’s Aselsan eyes growth in networked, mass-producible weapons, CEO says
• US Navy open to building ships overseas, new plan says