--- title: "Global defense budgets are soaring, India reveals $87 billion budget for 2026, a 15% jump to invest in AI, and anti-drone tech." description: "VisionWave Holdings, Inc. released a statement on Feb. 24, 2026, announcing India's record defense budget for fiscal year 2026. The budget amounts to around $87 billion, marking a significant 15% incr" type: "news" locale: "en" url: "https://longbridge.com/en/news/276762436.md" published_at: "2026-02-24T15:39:16.000Z" --- # Global defense budgets are soaring, India reveals $87 billion budget for 2026, a 15% jump to invest in AI, and anti-drone tech. > VisionWave Holdings, Inc. released a statement on Feb. 24, 2026, announcing India's record defense budget for fiscal year 2026. The budget amounts to around $87 billion, marking a significant 15% increase from the previous year. This substantial rise reflects India's strengthening commitment to defense and security measures. VisionWave Holdings, Inc. released a statement on Feb. 24, 2026, announcing India's record defense budget for fiscal year 2026. The budget amounts to around $87 billion, marking a significant 15% increase from the previous year. This substantial rise reflects India's strengthening commitment to defense and security measures. ### Related Stocks - [VWAV.US - Visionwave](https://longbridge.com/en/quote/VWAV.US.md) - [NFTY.US - First Trust India Nifty 50 Equal Weight](https://longbridge.com/en/quote/NFTY.US.md) - [XAR.US - SPDR S&P Aerospace & Def](https://longbridge.com/en/quote/XAR.US.md) - [INDZ.US - VanEck India Select ETF](https://longbridge.com/en/quote/INDZ.US.md) - [INDY.US - iShares India 50](https://longbridge.com/en/quote/INDY.US.md) - [PPA.US - Invesco Aero & Defense ETF](https://longbridge.com/en/quote/PPA.US.md) - [IND.US - Xtrackers Nifty 500 India ETF](https://longbridge.com/en/quote/IND.US.md) - [INDA.US - ISHRS MSCI India](https://longbridge.com/en/quote/INDA.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Defense Strategy Shifts Toward Homeland Security and AI Integration | The 2026 National Defense Strategy emphasizes homeland security and AI integration, with a focus on the Golden Dome miss | [Link](https://longbridge.com/en/news/276757900.md) | | Major Insider Move at Carpenter Technology Stuns Market Watchers | Carpenter Technology (CRS) experienced significant insider activity on February 23, 2026, as Director Steven Karol sold | [Link](https://longbridge.com/en/news/276679171.md) | | India IT industry surpasses $300 billion amid AI‑driven challenges, openings | India's IT sector is set to exceed $300 billion in revenue for the first time this fiscal year, driven by AI-related cha | [Link](https://longbridge.com/en/news/276723010.md) | | India trade minister on U.S. tariffs: will wait and watch and ensure India's best interests are protected | India trade minister on U.S. tariffs: will wait and watch and ensure India's best interests are protected | [Link](https://longbridge.com/en/news/277153618.md) | | NLC India Seeks Waiver After BSE Fine Over Board Composition Lapse | NLC India Limited has announced that the BSE imposed a fine of Rs. 5,42,800 for failing to comply with SEBI’s board comp | [Link](https://longbridge.com/en/news/277307349.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.