Some lawmakers are decrying the call from the Trump administration for sweeping cuts to the defense budget, while others see ...

In 2023, according to the Stockholm International Peace Research Institute, the U.S. government spent $916 billion on ...

Read about Defense Secretary Pete Hegseth's order to find $50 billion in the FY26 budget proposal that could be redirected.

Defense Secretary Pete Hegseth has directed senior Pentagon officials and military leaders to forge plans that would result ...

The Pentagon is looking to identify about $50 billion of "Biden-legacy programs" to cut so that funding can be repurposed for Trump's agenda.

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SAIC's stock dropped 35% due to federal spending concerns, but I believe the market overreacted, presenting a buying ...

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

Japan converted the JS Kaga, a helicopter-carrying destroyer, into a light aircraft carrier. The ship just completed its ...

Defense Secretary Pete Hegseth has ordered the military to prepare plans to make drastic budget cuts over the next five years ...

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

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...