U.S. Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, blamed former President Joe Biden's administration for a bleak milestone last year when the U.S. spent more on interest ...

Lithuanian President Gitanas Nausėda says that any peace settlement in Ukraine must involve Kyiv and come with more defense spending by regional countries to deter future Russian aggression.

Trump claims he has a "mandate" to slash budgets, but polls show Americans want more spending on education, health care, ...

President Donald Trump has undone many of Joe Biden's progressive policies, if not the damage they inflicted, in less than ...

Key industry demands are around expanding the PLI scheme for manufacturing in deeptech — this includes green energy, advanced materials, and semiconductors.

L3Harris Technologies is the sixth-largest US defense contractor by sales. It formed in 2019 from the merger of L3 Technologies, a decentralized and acquisitive maker of sensors, and Harris, a sensor ...

The Trump administration is reviewing the budget of the Pentagon office that works on reducing civilian casualties.

In 2022, Scott became the first Republican senator to challenge McConnell for GOP leader during his 18-year tenure in the job ...

Rep. Rashida Tlaib (D-Michigan) has called for a ban on defense contractor stock trading within Congress, saying it’s wrong ...

Washington Post staff tried to separate what is happening from what is not, and to explain what may happen in the future.

A wide-ranging pause on agency funds and grants remains on ice — even after the White House rescinded a contested OMB memo ...

BERLIN, January 30. /TASS/. The German Finance Ministry said following a call from the Bundestag Budget Committee to provide additional military aid to Ukraine that it was unlikely to happen soon, ...