The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the 2025 fiscal year — the second highest ...

B cancelations pitched as efficiency move, though costly Trump birthday parade mulled The US Department of Defense (DOD) has ...

It is President Donald Trump’s wont to declare national emergencies, whether a given situation warrants it or not, but the ...

The Trump administration is set to raise the Pentagon’s budget despite promises to cut government spending drastically. The question now is: where will this money come from and will it be utilized ...

MICHAEL KIMMAGE is Professor of History at the Catholic University of America and the author of The Abandonment of the West: ...

Investors are looking for winners as government officials inch closer to a defense budget, and Huntington Ingalls (NYSE: HII) looks like a potential winner. Shares of the shipbuilder are trading up 5% ...

Defense Secretary Pete Hegseth signed a memorandum Thursday outlining $5.1 billion in cuts to Department of Defense spending ...

Defense Secretary Pete Hegseth said the cuts will bring the total number of cut spending to "nearly $6 billion." ...

RTX Corporation is a strategic player in aerospace and defense, benefiting from economies of scale, cross-innovation, and ...

Europe’s top banking supervisor warned against using capital rules to win lenders’ support for the region’s bid to turbo ...

The defense secretary said the cuts include contracts worth $1.8 billion for consulting services from private firms.