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Trump Pentagon is ‘thinking’ about taking equity stakes in defense contractors, says Lutnick

U.S. Secretary of Commerce Howard Lutnick attends an interview, outside the White House, in Washington, D.C., U.S., June 11, 2025. Kent Nishimura | Reuters Trump administration military leaders are “thinking about” whether the U.S. should acquire equity stakes in top defense contractors such as Lockheed Martin, Commerce Secretary Howard Lutnick said Tuesday. The Cabinet secretary, … Read more

Anduril, Blue Origin to study how to transport cargo from orbit to earth for the Pentagon

Blue Origin and Anduril have landed new study contracts with the U.S. Air Force to explore how their technology, including rockets, could move military cargo around the world. The contracts under the Air Force’s Rocket Cargo program are relatively small – Blue Origin’s comes in at $1.37 million and Anduril’s at $1 million. But they … Read more

Air Force bid for Tesla Cybertrucks in target practice symbolizes the ‘evolving’ relationship between the Pentagon and Big Tech, expert says

The U.S. Air Force is taking steps to acquire Tesla Cybertrucks—for the express purpose of blowing them up. But while the vehicles in this context are meant to be destroyed, the Air Force seeking out the Tesla brand is just another example of how Big Tech and the Department of Defense have become unlikely bedfellows, … Read more

Pentagon suspends think tank event participation over ‘America Last’ concerns

NEWYou can now listen to Fox News articles! The Pentagon has suspended participation in all think tank events until further notice, departing from a history of dialogue with Washington’s civilian national security realm. The move is an attempt “to ensure the Department of Defense is not lending its name and credibility to organizations, forums and … Read more

Top Pentagon advisor to Defense Secretary Pete Hegseth ‘amicably’ resigns after 6 months

NEWYou can now listen to Fox News articles! A top advisor to Defense Secretary Pete Hegseth has left the Pentagon after six months of service, the Department of Defense (DoD) confirmed to Fox News Digital on Saturday. Justin Fulcher told Fox News Digital he formally resigned on Thursday evening, describing the decision as entirely his … Read more

Microsoft stops relying on China engineers for Pentagon cloud support

Microsoft Chairman and Chief Executive Officer Satya Nadella (L) returns to the stage after a pre-recorded interview during the Microsoft Build conference opening keynote in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images Microsoft on Friday revised its practices to ensure that engineers in China no longer provide technical support … Read more

Pentagon snubs Aspen forum over ‘globalism’ concerns

NEWYou can now listen to Fox News articles! Secretary Pete Hegseth pulled senior Defense Department officials from the Aspen Security Conference for promoting the “evil of globalism.”  Military commanders were set to speak at the conference, which begins on Tuesday, as has been tradition through Republican and Democratic administrations.  But Pentagon spokesperson Kingsley Wilson told … Read more

Elon Musk spent months slashing federal contracts — Now his AI company is celebrating a $200M Pentagon contract and new unit to get government business

Elon Musk’s xAI has signed an important new customer: the U.S. government.  The two-year old AI company—most recently in the news when its chatbot praised Hitler—said in a blog post Monday that it has launched a new division, called “Grok with Government” and signed a contract worth up to $200 million with the Department of … Read more

Pentagon to become largest shareholder in rare earth magnet maker MP Materials

The Defense Department will become the largest shareholder in rare earth miner MP Materials after agreeing to buy $400 million of its preferred stock, the company said Thursday. MP Materials owns the only operational rare earth mine in the U.S. at Mountain Pass, California, about 60 miles outside Las Vegas. Proceeds from the Pentagon investment … Read more

Pentagon says U.S. strikes ‘devastated’ Iran’s nuclear program but weren’t aimed at regime change

A series of unprecedented US strikes against Iran “devastated” its nuclear programme, Defense Secretary Pete Hegseth said Sunday, as he asserted Washington was not seeking regime change in Tehran. The Pentagon chief urged Iran’s leaders to find an off-ramp to the conflict after President Donald Trump announced the strikes on a key underground uranium enrichment … Read more

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