U.S. defense stocks are under pressure after a pair of recent lackluster earnings reports. Overseas, two British defense contractors stand to benefit enormously as the Royal Navy upgrades its ...
The Pentagon is reportedly preparing lists of weapons programs it wants to cancel to coincide with Elon Musk's potential cuts ...
President Donald Trump suggested Thursday that U.S. military spending could be cut in half. Shares of defense firms dropped ...
Defense Secretary Pete Hegseth plans to seek reductions to forecasted military spending over the next five years and shift ...
The money is collected in what amounts to a tax on troops -- taken from their Basic Allowance for Subsistence payments, ...
Republicans are moving closer to their goal of raising defense spending by at least $100 billion in the next decade as two ...
According to polls from The Associated Press-NORC Center for Public Affairs Research, U.S adults mostly think the government isn't spending enough on key issues and programs. But conversely – and the ...
Members of Elon Musk's government efficiency team are poised to arrive at the Defense Department in the coming days. Officials tell NPR that DOGE has a target of cutting 8% from next year's budget.
From the Middle East to Europe, large-scale violent conflicts have broken out on multiple fronts in recent years. Against the ...