defense

Treasury Secretary Scott Bessent issued a stinging rebuke of US defense companies on Tuesday, saying they’ve fallen short of their patriotic duty by not delivering weapons on time.”These defense contractors have let down the American people,” Bessent said during a livestreamed conversation at the World Economic Forum in Davos, Switzerland.Bessent…

Around 2 million Ukrainians are dodging military drafts, while another 200,000 are absent without official leave, or AWOL, Kyiv’s newly appointed defense minister said on Wednesday.The tally revealed by Mykhailo Fedorov is a rare disclosure by the Ukrainian leadership about the troop shortages the country has grappled with throughout the…

President Donald Trump’s new defense regulations are sending ripples through the industry, and that’s a good thing, according to Palmer Luckey.”It’s good to scare people sometimes,” Luckey, the founder and CEO of defense technology startup Anduril, said in an interview with Bloomberg TV.”President Trump is saying that he wants to…