Company rebukes inaccurate media reports, affirms phased acquisition subject to regulatory and stockholder approval, new defense joint venture, and broader national security platform CENTENNIAL, Colo.

Defense Secretary Pete Hegseth outlined plans Friday for a sweeping revamp of the military's acquisition systems, which he described as sluggish and mired in bureaucracy. (Julia Demaree Nikhinson/AP) ...

Section 1. Purpose. As Chief Executive and Commander in Chief, I am committed to ensuring that the United States military possesses the most lethal warfighting capabilities in the world. America’s ...

Tracye Winfrey Howard, Nicholas Iliff, Jr. On November 7, 2025, Secretary of War Pete Hegseth issued three memoranda that collectively direct a significant shift in defense policy and management.