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Business/Financial

Defense Spending To Plunge If Either McCain Or Obama Becomes President, Analyst Says

DDN

Monday, May 19th, 2008

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Defense spending will plummet if either Sen. John McCain of Arizona, the presumptive Republican presidential nominee, or Sen. Barak Obama of Illinois, who seeks the Democratic presidential nomination, enters the White House. So says Loren B. Thompson, chief operating officer of the Lexington Institute, a think tank focusing on defense and other issues. He doesn't focus on Sen. Hillary Clinton of New York, the other leading Democratic hopeful. While Obama and McCain differ on getting U.S. forces out of Iraq,…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]