Secretary of Defense Pete Hegseth said Elon Musk was 'welcome' to the Pentagon. How will he approach its deep budget problems?

"Unmanned capabilities merit continued investment but they are far from capable of replacing F-35 and may not be for some ...

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 ...

Pentagon officials are reportedly offering up lists of weaponry that can be cut from military spending in preparation for ...

Defense Secretary Pete Hegseth plans to seek reductions to forecasted military spending over the next five years and shift ...

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.

In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.

Yet for all America’s expertise and innovation, not to mention its vast defence budget, its own armed forces are struggling ...

Lawmakers are pushing to increase Pentagon spending by up to $500 billion, but this would accelerate our national debt and ...

The initial plan calls for $4.5 trillion in tax cuts and at least $1.5 trillion in spending reductions, along with an ...

Hegseth seems to have given up two main points to Russian President Vladimir Putin, including a key piece of leverage in ...

Lockheed Martin's valuation appears attractive with a 26% margin of safety, but AI disruption and moderate growth prospects ...