Uncertainty over cuts to military spending have hammered key contractors in recent weeks. The worst-feared scenario doesn’t ...

Defense Secretary Pete Hegseth said the funds will be pulled from 'so-called "climate change" and other woke programs.' ...

In a statement yesterday, the Pentagon said it would move $50 billion in next year's budget toward “programs aligned with ...

Zelensky on Trump’s S-list, Democrats outraged while Republicans muted, Hegseth orders offsets to shift DOD funds, military spouse receive telework exemption.

Defense Secretary Pete Hegseth has ordered the military to prepare plans to make drastic budget cuts over the next five years, with an exception for border security, according ...

Data analytics company Palantir is a major US defense contractor. Its shares were up 65% this year before Wednesday.

Defense Secretary Pete Hegseth has ordered the Pentagon to develop plans for cutting 8% from the Department of Defense budget ...

The move could reduce defense spending projections by hundreds of billions of dollars over the next five years.

The Pentagon said on Wednesday it was directing military leaders to draw up a list of potential cuts totaling about $50 ...

United States Secretary of Defense Pete Hegseth speaks during a media conference after a meeting of NATO defense ministers at ...

The US Department of Defense said on Wednesday that about 50 billion US dollars in funding was being redirected to President ...

WASHINGTON (TNND) — Defense Secretary Pete Hegseth has directed military services to find $50 billion in programs that could ...