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DEPARTMENT OF DEFENSE SPENDING
Too many trucks, too many zeros: Army audit drive exposes flaws as Pentagon nears 2028 goalThe Pentagon aims for its first clean financial audit by 2028. New systems are uncovering numerous data entry errors in financial records. ...- US to spend $5 billion on health, construction research powered by AIThe United States will allocate five billion dollars for scientific research. This funding will address chronic diseases and accelerate dru...
- Keir Starmer says his work is done as Andy Burnham prepares to take office as UK prime ministerOn Monday, Andy Burnham will be inaugurated as the UK’s new prime minister, replacing Keir Starmer, who resigned after two impactful years....
- Trump calls Congress to prioritise 'Reconciliation 3.0' with $350 bln defence fundDonald Trump has called for Congress to prioritize "Reconciliation 3.0" upon their return. This proposal includes $350 billion for defense ...
- NATO allies seek to win over Trump after Iran ire as US Prez heads to TurkeyNATO allies will showcase surging defence spending at a summit in Turkey's capital Ankara on Tuesday as they hope to placate US President D...
- Recep Tayyip Erdogan's warm ties with Trump offer Turkey an edge ahead of NATO summitPresident Trump's close ties with Turkish leader Recep Tayyip Erdogan are set to ensure his attendance at the upcoming NATO summit in Turke...
- The Founder of Rocket Lab on Competing with Billionaires to Lead in SpaceRocket Lab launches more rockets at a faster pace than any rival and is expanding into satellites and deep-space missions. Four principles ...
- How Pete Hegseth is destroying the Pentagon: Critics cite leadership purges, falling morale, and loyalty-driven decisionsUS Defense Secretary Pete Hegseth faces intense scrutiny over allegations of damaging military morale and sidelining expertise. Critics cla...
- US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
- Lockheed Martin gets $35 billion Thaad deal as Trump looks to stockpile weaponsPresident Trump is convening with top defense executives to accelerate weapons production, addressing depleted U.S. stockpiles after extens...
- US to move forward with Turkey jet engine sales ahead of NATO summit, sources sayThe Trump administration is reportedly pushing ahead with a multi-million dollar sale of jet engines to Turkey, despite congressional objec...
- White House seeks $87.6 billion from Congress for Iran war costs, US farmers and Ebola responseThe White House has formally requested $87.6 billion, primarily to replenish the Pentagon following the U.S. war against Iran. This comes a...
- Trump administration touts Iran deal as a payday for US farmers, but Iran denies itA tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian ...
- Pentagon tells US lawmakers it needs $80 billion for Iran war and other bills, WSJ reportsThe US Defense Department requires eighty billion dollars to cover expenses from the Iran war and other non-war related bills. A larger fun...
- Star Wars: How India’s spacetech-defence ties are shaping the futureSpaceX’s IPO filing underscores how space has evolved from exploration to a strategic domain central to national security, communications a...
- Sam Bankman-Fried loses bid to overturn crypto fraud convictionSam Bankman-Fried's bid to overturn his fraud conviction and 25-year prison sentence has failed. The appeals court found prosecutors' evide...
- US plans major cut to fighter jets, warships for NATO operations in Europe, NYT reportsThe United States is set to significantly reduce its aircraft and warships available for NATO operations in Europe, impacting long-range st...
- Forget the DOJ. For a Trump pardon, call "Bobby" and other influencersPresident Donald Trump's pardon system has shifted dramatically. Influence now hinges on personal networks and narratives of victimhood, by...
- Sweet pills: How pharma stocks delivered bumper returns to Indian investors, defying 2026 whiplashIndian pharma stocks are outperforming the market, offering strong returns to investors. This resilience is driven by robust domestic deman...
- US approves $1.5 billion sale of maritime helicopters to New ZealandThe U.S. has approved a $1.5 billion sale of five Seahawk helicopters to New Zealand, a move supporting the nation's plan to nearly double ...
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