Pentagon Awards Rocket Startup Ursa Major $12.5 Million

Grants a small contract for solid fuel rocket engine testing and production. The Pentagon announced this month that it awarded a $12.5 million contract to the rocket building…

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Legislators Raise Concerns About Defense Spending

They question the costs the Defense Department pays contractors. Members of Congress are seeking ways to rein in wasteful defense spending. During a recent congressional hearing, Representative Michael…

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U.S. and Japan Announce $10B Tactical Aircraft Modernization Plan

Upgrades across multiple military bases to strengthen regional deterrence and enhance Indo-Pacific stability The Department of Defense (DoD), in coordination with the Government of Japan, announced a plan…

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Defense Secretary Proposes Budget to Senate Committee

Aircraft technology is being pared back to boost the number of service members. Secretary Lloyd Austin brought the proposed 2025 budget for the Department of Defense (DoD) before…

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National Guard Seeks to Strengthen Fighter Fleet Amid Cutbacks

Proposed funding addresses fighter jets cut from the 2025 budget and supports operational capacity and training initiatives. The National Guard’s budgetary proposals seek to restore the Air Force’s…

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DOD Invests in Domestic Nickel and Cobalt Supply Chains

Funding comes under the Defense Production Act Investment Program. The Department of Defense has announced a $7 million award to The Doe Run Resources Corporation (Doe Run) under…

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DOJ Indicts South Korean Contractor for Defrauding U.S. Military Bases

Three individuals implemented bid-rigging to raise prices for operational work. The U.S. District Court of West Texas indicted a Korean national for conspiracy to defraud U.S. military bases…

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U.S. Marine Corps Passes Full Financial Audit

The first U.S. service branch to accomplish the feat. The U.S. Marine Corps is the first U.S. Armed Service branch to pass its first full financial audit after…

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Navy Secretary Questions Delays in Weapons Manufacturing

Says routine mismanagement takes advantage of taxpayer money. U.S. Navy Secretary Carlos Del Toro spoke during a presentation at a San Diego naval conference this month about extensive…

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President Seeks to Cut 13 Jets from Upcoming Pentagon Order

Reducing the F-35 jet order from 83 to 70 cuts $1.6 billion in spending. President Joe Biden is looking to reduce the number of F-35 jets the Pentagon…

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