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Defense Department firings expected to start soon, officials say
The directive coincides with the arrival at the Pentagon of personnel from billionaire tech mogul Elon Musk’s Department of ...
Where Trump, Musk and DOGE Have Cut Federal Workers So Far
President Trump and Elon Musk have spent several weeks slashing federal jobs — often in defiance of legal limits — and there ...
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Leaders of the House Armed Services Committee ask military services to list potential funding cuts
The leaders of the House Armed Services Committee are calling on the Army, Navy, Marine Corps, Air Force and Space Force to ...
Trump’s Rift With Europe Adds Fuel to a Rally in Defense Stocks
A flurry of trading has helped push the Pan-European Stoxx 600 index to a record high as investors expect Europe’s ...
DOGE meets with Pentagon officials to plan cuts at the biggest U.S. department
DOGE representatives attended meetings at the Pentagon on Friday, according to two defense officials, marking the start of their next cost-cutting project.
Bonds issued by defense contractors are being snapped up, as stocks fall on talk of spending cuts
Bond spreads have tightened in recent weeks as stocks have slumped on fears that “DOGE” will target the Pentagon.
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Uncertainty mounts at Space Development Agency as Air Force IG prepares probe
The unexpected sidelining of its director raises questions about the future of the satellite-acquisition “constructive ...
The USAID shutdown is upending livelihoods for nonprofit workers, farmers and other Americans
The Trump administration's dismantling of the U.S. Agency for International Development is hurting a variety of U.S.
White House Changes Federal Contracting Rules to Eliminate DEI Considerations
The new policy reverses a Biden administration initiative that asked the government to weigh a company’s internal diversity ...