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PENTAGON BUDGET CUTS
Congress wonders as the Iran war draws to a close: Was it worth it?Congress grapples with the aftermath of President Trump's Iran conflict, questioning its worth amidst lives lost and billions spent. While ...
US stock market today hits new records as Nasdaq crossed 25,000 for the very first time: Dow Jones, S&P 500 and Nasdaq surge as Wall Street begins May with massive rally - Apple leads gainsUS stock market today opens May with rare strength. Momentum feels real, not forced. The Dow Jones Industrial Average climbs near 49,815. T...
US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
Trump's $1.5 trillion defense budget includes $750 billion for ships, jets and Golden DomeTrump 2027 defence budget: The Pentagon unveiled Donald Trump’s ambitious 2027 defense budget, prioritizing missile defense, drones, AI, an...
White House to give US agencies Anthropic Mythos access: ReportThe US government is planning to make a version of Anthropic's frontier AI model Mythos available to major federal agencies amid concerns t...
Pentagon's ouster of Anthropic opens doors for small AI rivalsSince the Pentagon deemed Anthropic's products a "supply-chain risk" in March and the two sides became embroiled in a lawsuit, the military...
US defence budget seeks 85 Lockheed F-35s in boost to Pentagon's programThe Pentagon's fiscal 2027 budget proposes a significant increase in fighter jet procurement, seeking 85 Lockheed Martin F-35s, up from 47 ...
Trump's space budget reflects influence of Elon Musk and SpaceXPresident Donald Trump’s 2026 budget plan heavily favours Elon Musk’s SpaceX, proposing billions in new defence and space spending. The pla...
As talks of Elon Musk’s DOGE exit swirl in D.C., SpaceX, ULA, and Blue Origin score massive Pentagon payday to launch top-secret satellites for U.S space forceElon Musk Pentagon deal takes center stage as the tech billionaire secures a multibillion-dollar contract for top-secret U.S. Space Force s...
Palantir Tech, a darling of Wall Street, plunges; here's the big reason, and Donald Trump is linked with itPalantir Technologies' stock dropped 10% after the Trump administration proposed an 8% annual cut in the US defense budget. These cuts coul...
Hegseth directs Pentagon to find $50 billion in cuts this year to fund Trump military prioritiesDefense Secretary Pete Hegseth has ordered the identification of $50 billion in military spending cuts to fund President Trump's priorities...
Can Elon Musk fix Pentagon’s budget woes amid conflicts of interest and his ties with Defense Department?While Elon Musk has made a name for himself as a visionary entrepreneur, questions regarding the Pentagon’s contracts loom large.
$1,300 coffee cups and overpriced soap dispensers: Pentagon spending under fire as Elon Musk-led DOGE turns up heatDuring recent times, the most controversial budget spending in the US which is the Pentagon spending is coming under fire as Tesla CEO Elon...
Pentagon sees 'disproportionate' cuts to arms programs in FY17Constraints on cutting training, personnel costs and force structure meant weapons programs would likely take a bigger hit in the fiscal 20...
Chuck Hagel pressurises US Congress to reverse Pentagon budget cutsHagel said the Pentagon would face a shortfall of $70 billion over the next five years if Congress does not reverse the cuts.
'Everything on table' as US cuts defense, says US Defense Secretary Chuck HagelChuck Hagel said the Pentagon must "put everything on the table" as it struggles to digest major spending cuts forced by last month's seque...
- US-India defence ties not to be hit by budgetary cuts: Pentagon
The US today said its "strong" military ties with India are growing and a series of joint exercises between them.
- Big cuts seen for F-22, other big weapon programs
The nation should stop pouring billions into futuristic, super-expensive F-22 jet fighters, pull the plug on new presidential helicopters a...
- US now trains guns on Lockheed, Boeing weapons to rein in costs
Lockheed Martin Corp's F-22 fighter jet and Boeing's Future Combat Systems are among programmes at risk as the Obama administration begins ...
- Obama urged to scrap some Pentagon programs