Three Democratic senators are sounding the alarm about lucrative contracts and loans the Pentagon provided to companies linked to Donald Trump Jr.

Experts say claims of widespread fraud of the 8(a) program are unfounded and the ongoing audits run counter to the goal of expanding the industrial base.

The Pentagon is eliminating over $580 million in programs, grants and contracts across the department that it called “wasteful spending,” with a long-stalled software modernization program accounting ...

The Defense Department is joining several other agencies in a top-to-bottom review of 8(a) small business contracts. In a video posted Friday to X, Defense Secretary Pete Hegseth said the department ...

The U.S. Department of Defense (DOD) issued DOD Instruction 5205.87, titled "Mitigating Risks Related to Foreign Ownership, Control, or Influence for Covered DOD Contractors," on May 13, 2024. The ...

U.S. defense secretary Pete Hegseth has signed a memo directing the termination of $5.1B in wasteful DoD contracts as part of his partnership with Elon Musk’s government efficiency task force. "That's ...

Imagine running a business that has secured steady Department of Defense contracts for years - contracts that support jobs, local families, and the economy. Now imagine those contracts disappearing ...

The U.S. Department of Defense (DOD) recently issued a memorandum that implements Executive Order 14222, which, among numerous actions, employs the Department of Government Efficiency's "cost ...

Arqit Quantum (NASDAQ:ARQQ) reported its results for the first half of its fiscal 2025 on May 19, posting revenue of $67,000 and an operating loss of $17.8 million, reflecting delayed contract revenue ...

ALABAMA (WHNT) — In the month of August so far, Alabama agencies and/or cities have either been awarded or are the contracting agencies for some U.S. Department of Defense contracts. Boeing Co. at ...

(Reuters) -Democratic Senator Elizabeth Warren urged the U.S. Department of Defense to ensure competitive AI contracting, according to a letter seen by Reuters on Wednesday, as tech billionaire Elon ...