Aerospace Group:

Business/Financial

Trump Administration Mulls Equity Stakes In Defense Industry, Raising Questions

By Cal Biesecker

Tuesday, August 26th, 2025

SHARE:

Trump Administration Mulls Equity Stakes In Defense Industry, Raising Questions

Commerce Secretary Howard Lutnick. Photo: U.S. Department of Commerce

Commerce Secretary Howard Lutnick on Tuesday said the U.S. government is considering taking equity stakes in U.S. defense contractors, a move that defense analysts argued raises a raft of issues and challenges. Asked on CNBC whether the government should take a stake in defense companies just as it did last week with semiconductor manufacturer Intel Corp. [INTC], Lutnick replied, “but what’s the economics of that? I’m going to leave that to my Secretary of Defense and Deputy Secretary of Defense.…

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]