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Defense firms seek legal advice over Trump’s clampdown on payouts
Defense contractors are seeking legal advice after Trump tied buybacks, dividends and executive pay to weapons deliveries.
Trump blocks defense company payouts until arms production speeds up
President Trump says defense contractors should halt dividends and buybacks until weapons production speeds up.
Hegseth says he wants the Pentagon to prioritize speed over cost when buying weapons
Defense Secretary Pete Hegseth unveils a major overhaul of military procurement, emphasizing speed and mass production over perfection and bureaucracy.
Army official says Chinese mineral shortage could impact military equipment
A growing shortage of rare minerals, magnets and metals from China needed for manufacturing military warfighting equipment could lead to the Department of Defense's accessing and sending out military equipment from a stockpile.
