Actions against underperforming contractors, bans on stock buybacks/dividends during shortfalls, and performance-tied compensation.
143 articles
The US president has upset global norms in the space of weeks, spurring a flurry of defence spending, diplomatic overtures and offers to boost trade
The White House, Pentagon and Saudi government are not commenting about a proposed deal for the US to offer Saudi Arabia a massive arms package.
Mr Trump delivered the news at Selfridge Air National Guard Base shortly after arriving in Michigan for a rally marking his 100th day in office.
Elon Musk’s SpaceX has emerged as a frontrunner to build key components of the system.
The new U.S. ambassador to Canada says while U.S. President Donald Trump is unlikely to ever remove his slate of tariffs entirely, he’s confident Canada can reach a deal to secure the lowest levies possible.
The L3Harris settlement was announced by the Department of Justice one day after the Trump administration formally accepted the Boeing jet as a gift from Qatar.
OTTAWA — If Prime Minister Mark Carney signs on to U.S.
WASHINGTON — U.S. President Donald Trump said Tuesday that he told Canada it would cost $61 billion to join his "Golden Dome" plan for a missile defence shield while returning to his "51st state" rhetoric.
Secretary of Defense Pete Hegseth ordered the gutting of a Pentagon office shortly after it disclosed that it would be overseeing the testing of President Donald Trump’s Golden Dome missile defense system and the programs associated with the massive, multi-billion dollar project, multiple officials familiar with the matter told CNN.
Iran's nuclear program will be hard to dismantle, but Israel has increased its superiority in missile and air defence capabilities
US and Ukrainian leaders discuss defence capabilities on call after Trump 'disappointed' by conversation with Putin.
Service members can often not fix a variety of equipment because of terms in the warranty under which it is used, or when defense contractors retain the...
The Department of Defense led by Sec. Pete Hegseth made a deal with a U.S. mining company to secure the military's needs for rare earth minerals on July 10.
xAI said it would be "turning shovels into tokens."
Trump has announced he will move the agency's headquarters from Colorado to Alabama.
Duckworth and Kim said South Korea and Japan are ready to help, but Washington hasn't given them clear communication on what it needs.
Last October, on a Martin Luther–inspired website called www.18theses.com, a software executive named Shyam Sankar published a four-thousand-word polemic with the title “The Defense Reformation.” “As a nation, we are in an undeclared state of emergency,” it b…
Trump and Albanese are likely to discuss critical minerals, tariffs, AUKUS and defence cooperation in their meeting.
L3Harris Technologies, Inc. (NYSE:LHX) is among the 10 Largest Defense Stocks in 2025. On October 20, the company announced that it had been selected by the ...
According to the Wall Street Journal, SpaceX is reportedly poised to secure a $2 billion Pentagon contract to develop hundreds of missile-tracking satellites for President Trump's ambitious Golden Dome defense system. The Independent reports: The planned "air…
The agreement comes amid a period of growing geopolitical tensions on the Korean Peninsula.
It's unclear how much scandium and gallium ElementUSA will contribute to the supply chain, or when The US Department of Defense is asserting its desire to be an integral part of the American rare earths and critical minerals supply chain with a deal to establ…
The Pentagon is prioritizing startup tech. Here are some of year's most notable aerospace and defense funding rounds.
Government document on US foreign policy priorities says Washington no longer needs to prioritise the Middle East.
The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.
Leonardo DRS, Inc. (NASDAQ:DRS) is one of the Best Aerospace Stocks to Buy According to Analysts. On December 8, Leonardo DRS, Inc. (NASDAQ:DRS) announced...
Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is one of the Best Aerospace Stocks to Buy According to Analysts. On December 5, Kratos Defense...
Defense Secretary Pete Hegseth now has leverage over defense contractors' financial decisions, from executive comp to shareholder payouts.
The US president demanded that defence contractors cap their executives' pay until new production plants are built.
USS Gerald R. Ford pulled into port in Greece as its deployment, which has been extended twice, hits the nine-month mark.
From Tomahawk missiles to THAAD interceptor seekers, the US is massively increasing its production rates for key munitions amid stockpile concerns.
The new facilities are expected to quickly build components for Virginia- and Columbia-class submarines.
Norway, as well as other NATO countries, has been under pressure from the US to boost defence spending.
RTX Corporation (NYSE:RTX) is one of the best defense contractor stocks to buy right now. On March 13, RTX secured a $2.01 billion contract modification from...
The budget requests twice the number of ships from last year and supports the first Trump-class battleships for Golden Fleet.
The request for defence spending is the largest in decades and accompanies cuts to domestic programmes.
Massive cuts to domestic programs, with higher state taxes, would bolster the spending increase
The Trump administration officially sent Congress its 2027 budget proposal on Friday, and while the largest story that emerged from the mammoth document was that the president is looking to increase defense spending over 40 percent to a staggering $1.5 trilli…
Funding for community assistance programmes, including grants supporting housing and employment services, would also be reduced.
The US Selective Service registration process is changing to automatic enrollment. The agency says the move aims to streamline registration.
The U.S. plans to roll out a system by December that automatically registers young men for the military draft, a policy signed into law by President Trump last year.
Germany will get access to Ukraine's cutting-edge drone expertise in return for extra help in war against Russia.
Japan's announcement comes at a time when the country is looking to rapidly expand its defence exports.
defense officials have held talks about producing weapons and other military supplies with top executives of companies including General Motors and Ford...
Pete Hegseth has previously said he'd like the U.S. economy to be placed on a "war footing."
The approval clears a final set of hurdles for Japan's postwar arms sales and facilitate its future sale of weapons such as a next-generation fighter jet and combat drones.
The US military wants to add thousands more troops as recruiting rebounds and rising global demands stretch the force.
Boeing sees reduced first-quarter loss as defence earnings rise amid $2.3bn US Pentagon contract.
Eric Trump-backed robot startup lands $24M Pentagon deal... (Second column, 2nd story, link) Related stories:U.S. sailor en route to Strait of Hormuz sidelined by monkey attack... New Era and New Leadership: The Generals Running Iran...…
In a significant pact, India and Russia agree to the deployment of soldiers and warships on each other's soil during peace and wartime.
Foundation sent humanoid robots to Ukraine for a demonstration. CEO Sankaet Pathak said that in 5 to 10 years, they will be able to extract targets.
Space-based interceptors are the most expensive and technologically advanced piece of Golden Dome. There are concerns they may not be affordable.
The boss of German defence giant Rheinmetall says the European country can now produce more rounds than the U.S.
Four new companies have agreed to let the U.S. military use their AI tech for classified work.
Trump Sons Cash In on Dad's War With Mega Drone Deal... (Second column, 1st story, link) Related stories:Blockbuster Oil Company Profits Revive Calls for Windfall Tax...
President Trump's record defense budget includes a new class of battleships not seen since WWII.
By Mike Stone WASHINGTON, May 5 (Reuters) - Defense technology company Anduril Industries on Tuesday announced its consortium to develop space-based...
The Yildirimhan ICBM has a range 6,000km, with a maximum speed of Mach 25 and a payload capacity of 3,000kg.
Trump's proposed military spending surge could come at the cost of future healthcare funding
The Army is deploying digital tools across the force. Its former CIO says the biggest challenge isn't technology — it's getting people to adopt it.
With US public debt officially eclipsing 100% of GDP for the first time since the 1940s, the Trump administration is pivoting toward “high-impact” funding. Nowhere is this more evident than at the Department of War. Yesterday, the search for “little green men…
Democratic Sen. Mark Kelly of Arizona said the Trump administration's $1.5 trillion budget request for defense spending is "outrageous."
Appearing before congressional panel, Defense Secretary Hegseth says US is prepared to either escalate or wind down war.
Mike Huckabee calls on Gulf states to 'pick a side' in the war between Israel and Iran as he heaps praise on Abu Dhabi.
War Secretary Pete Hegseth was on Capitol Hill Tuesday to defend the Pentagon’s $1.5 trillion budget request. The post Hegseth Asks for More Money as Iran War Costs Skyrocket appeared first on The Intercept.
A Congressional Budget Office analysis suggests the cost of the missile defense program could be $1.2 trillion over the next 20 years, a far heftier sum than the initial $175 billion price tag.
The US military wants cheaper missiles it can buy by the thousands, aiming to avoid running short in a major conflict.
Congress has only allocated $24 billion so far.
TAIPEI, May 14 (Reuters) - Taiwan's government said on Thursday it was considering resubmitting to parliament a request for items cut by lawmakers from a...
While cuts to NOAA would substantially harm the agency’s work, the proposed "savings" of $1.6 billion is 1.3 days of the war on Iran.
The US projects confidence in weapons stockpiles, but analysts say dwindling munitions are shaping its war decisions.
Air Force One's revamping has been decades in the making, and still, the project remains delayed due to the investment necessary to build the president's plane.
A leak proof Golden Dome missile defense system is physically impossible and the quest for one would be inordinately expensive.
The five-year deal consolidates scattered Microsoft 365 and cloud subscriptions for the Defense Department, intelligence community and Coast Guard. Dell, not Microsoft, is the prime contractor. The US Department of Defense has awarded Dell a five-year, roughl…
Microsoft will remain at the core of the United States Pentagon, with Dell operating as the sole software middle-man.
The US has addressed defence leaders in Singapore, outlining America's geopolitical goals.
Three national legislators are demanding accountability for a $200 billion private equity invasion of America's defense industrial base.
Nearly 80,000 civilian workers were shed, but the challenges spurred by the cuts aren't wholly new to the Defense Department.
Call us crazy, but "a single loose valve can cause all toilets to fail" seems like a pretty significant design bug for an aircraft carrier.
June 6 (Reuters) - The U.S. approved the $1.5 billion sale of five Seahawk maritime helicopters to New Zealand, which has pledged to nearly double its milita...
Several female Navy officers say they see Defense Secretary Pete Hegseth's recent intervention in a promotions list as a sign their careers now have a ceiling. The Navy had selected 31 sailors to promote from the rank of captain to one-star admiral, but Hegse…
The federal government would still be looking at a fleet of 72 to 88 U.S.-made F-35s, even if it moves forward with Saab's Gripen, sources tell CBC News. Several sources said Ottawa is exploring a purchase of 72 Gripens, which would create up to 9,000 jobs an…
The termination of the plan comes as Washington increases pressure on Europe to become more militarily independent.
Three Democrats are pushing for bills that would ban fully autonomous weapons.
Despite the collapse of European fighter jet venture, there is optimism about the future of Europe's strategic autonomy.
The German defense ministry has asked foreign firms for missiles that can strike deep into an enemy's territory, as alternatives to the US Tomahawk.
Trump spoke of his need for a "plane that’s much newer and much better." Is it actually better?
The new Air Force One is a $400 million luxury jet the U.S. accepted free from the Qatari government, and Trump unveiled it Friday inside a hangar at Joint Base Andrews. It’s technically a &#…
Buying fewer weapons would actually strengthen the military
The Pentagon has told senators it needs roughly $80 billion, mostly to cover the cost of the U.S. war against Iran, adding to an already sizable military spe...
Plan includes more than 5 billion pounds for drones and autonomous systems over four years, Ministry of Defence says.
Hegseth gutted DOT&E's workforce last year, leaving the office with less officers and oversight on weapons programs.
German-owned naval shipbuilding company made the bid with NATO ally Norway, beating out South Korea's Hanwha Ocean.
President Trump said he will consider allowing Turkey to buy American F-35 fighter jets as he arrived in Ankara for a NATO summit.
Asking Ankara to make elements of its S-400 system inoperable is one option under discussion by the Trump administration, a person familiar told Semafor.
The US has the world's largest military budget. Here's how the largest 50 military budgets compare around the world.
"These things aren't like flipping on a light switch," one expert told ABC News.
U.S. President Donald Trump’s pledge to give Ukraine a license to produce Patriot air-defense systems could mark a major breakthrough for Kyiv, but experts a...
US President Donald Trump gave his blessing earlier this week to domestic Ukrainian production of the missiles.
Key US weapons stockpiles remain significantly depleted and will come under even more intense pressure if strikes against Iran continue at the current rate,...
Senate Democrats blocked a $1 trillion annual defense bill Tuesday, refusing to advance the bipartisan package that would substantially increase Pentagon spe...
The Senate voted 50-46 to block debate on the annual defence bill over war funding and defence cooperation with Israel.
Defense Secretary Pete Hegseth announced new testosterone screenings for troops 30 and older. Screening is automatic, but treatment is voluntary.
The Secretary of War thinks low T is a major threat to men's health. Here's what the evidence actually shows.
Pete Hegseth announced that the government is be implementing a screening program for "testosterone deficiency" among troops over the age of 30.
US Defence Secretary Pete Hegseth has announced mandatory testosterone screening for military personnel aged 30 and over.
This story appeared in Today, Explained, a daily newsletter that helps you understand the most compelling news and stories of the day. Subscribe here. Defense Secretary Pete Hegseth announced this week that the Pentagon would begin testing the testosterone le…
Latest cost comes as Hegseth and Joint Chiefs Chairman Caine seek a $1.5 trillion budget, including $70bn for Iran war.
The MoD wants to put 27 giant radar dishes in Pembrokeshire, which campaigners have strongly opposed.
Miliband, Trump critic who once opposed strikes on Syria, joins Streeting, defence novice with shifting Israel views.
Proposed rules would have US regulator block the entry of swarm-capable drones, mainly from China.
The US must rapidly replenish its stockpiles of weapons as the war on Iran rages on.
Rep. Thomas Massie had tried to strip the provision from the $1.15 trillion Pentagon budget, calling it “lopsided” in Israel’s favor. The post GOP Rep. Called Israeli–U.S. Defense Tech Integration “Dangerous.” The House Passed It Anyway. appeared first on The…
Bill to fund war on Iran and a handful of Trump priorities passes largely along party lines, faces Senate uncertainty.
U.S. Ambassador to the United Nations Mike Waltz tells Meet the Press that the Trump administration “inherited” a depleted supply of munitions after an NBC N...
US President Donald Trump called Turkiye 'a great ally' when asked about selling F-35 fighter jets to Ankara.
Discussions included joint production of Patriot missiles in Ukraine to bolster defence against Russian aerial attacks.
Shocking this administration isn't a reliable narrator.
US President Donald Trump has again signalled support for selling F-35 fighter jets to Turkiye.
By Echo Wang and Sabrina Valle NEW YORK, July 31 (Reuters) - Defense technology company Space-Eyes has agreed to go public through a merger with special purp...
The service is expected to start production of upgrades "with little to no developmental flight testing," the GAO report found.
The company uses electrolysis to separate the key critical elements President Donald Trump's administration desperately wants to produce domestically from th...
Experts warn that low stockpiles of air defence interceptors as a result of the war on Iran leave the US vulnerable.
While precise data is classified, publicly available information suggests the US has used up many difficult-to-manufacture weapons.
ABC News was first to report last month that the Pentagon had begun changing how it publicly reports casualties from the Iran war.
Pact will 'reshape security architecture' of the region, experts say.
By Jarrett Renshaw and Ernest Scheyder WASHINGTON, Aug 7 (Reuters) - The U.S. government will invest $3 billion in critical minerals and battery projects as...
Beta Technologies unveiled the MV250, an autonomous, hybrid-electric aircraft that can carry cargo for militaries, at the Farnborough Airshow.
US defence industry pressed to boost output as munitions shortages raise security concerns amid Middle East tensions.
Government software is usually bought by asking several companies to bid. A department writes down what it needs, suppliers compete, and the file records why the winner won. A memo drafted inside the US Defense Department on 4 August did something different. …
The president has repeatedly criticized the electromagnetic catapults and weapons elevators on the USS Gerald R. Ford supercarrier.
Trump is slapping “ad valorem” tariffs on drones and drone parts, citing the “national security threat” posed by such devices.
Troublesome electromagnetic catapults look set to be replaced with old-fashioned technology
Trump wants to strengthen the US drone market and bolster national security, but can the drone market realistically adjust in 21 days?
Investor Jordan Blashek argues the defense-tech bubble will burst within 18 months, forcing mergers, recaps, and acquisitions across the sector.
The U.S. military budget is vast and opaque. Projects end up facing delays and ballooning costs
Five companies will build nuclear microreactors at five bases, with plans to expand the program to additional installations in the future.
“You have to question whether the resources are being allocated in a way that provides maximum benefits,” Harvard’s Linda Bilmes told Fortune.
While Americans pay the price for President Trump’s war in Iran, he appears to be cashing in on it.Trump made more than 1,000 dubiously timed stock trades in June, including thousands of dollars in exchanges with companies directly impacted by the Iran war, a…
Doha will unlikely receive any of these aircraft for at least a few years. Nevertheless, one can already reasonably speculate why it opted to buy them now.
America's military stockpiles are being dangerously depleted by the prolonged war in the Middle East.
15 attack submarines could be left sitting idle for more than 14,000 days waiting for shipyard space, costing the Navy over $3 billion, the GAO found.