Beset by delays, cost overruns and long waiting lists for critical weapons, the Pentagon says it is changing the way it will be doing business.
Army Secretary Dan Driscoll warned major US defense contractors to adapt as the Pentagon reforms its weapons-buying process — ...
The review stems from a presidential executive order calling for a ban on stock buybacks and limits to executive compensation ...
The Pentagon held off on naming “underperforming” defense contractors for now as it continues to review their performance to ensure the businesses are prioritizing the supply of weapons systems to U.S ...
By Mike Stone WASHINGTON, Feb 6 (Reuters) - Defense contractors are bracing for the Pentagon to release, as soon as Friday, a ...
HEGSETH’S ‘ARSENAL OF FREEDOM’ CRUSADE: Secretary Pete Hegseth, befitting his rebranded title, is on the warpath. Hegseth is ...
Major defense companies could face financial penalties and be blocked from paying dividends or buying back stock.
A new executive order is putting fresh pressure on defense companies to show they’re investing and performing the way the government expects. The broad language means boards may have to rethink how ...
Directed energy weapons may sound like science fiction, but systems like lasers and microwave beams are very much becoming a ...
When everyone is accountable, who is actually responsible? I can’t help but think of this question as I consider the flurry ...
If Trump follows through on his dividend ban threat, two (or three) defense stocks could be at particular risk.
Pentagon performance reviews target underperforming defense contractors amid Trump order on buybacks/dividends.