NEW DELHI, July 16 : US President Donald Trump on Wednesday announced plans to seek a record $1.5 trillion defence budget for fiscal year 2027, saying the increase was needed to strengthen America's military, expand domestic manufacturing and create jobs.Speaking at the Pennsylvania Defense and Innovation Summit in Carlisle, Trump said his administration had already approved a record $1 trillion for the Pentagon and intended to substantially raise military spending next year."We've invested a record $1 trillion in the United States military, and next year… we're going up to $1.5 trillion. We need it," Trump said.Advertisement He argued that the…