defense department

defense department Articles

President Joe Biden’s proposed budget for the 2025 fiscal year, submitted in May 2024, allocates $850 billion for national defense — a 4.1%, or $34 billion, increase from fiscal 2024. The bulk of...
Why does the United States spend so much on its military? Who is receiving these funds? Where is this money even going? These are frequently asked questions during annual budget proposals and...
Lockheed Martin (NYSE: LMT) is one of the largest aerospace, arms, and defense companies in the world and an extremely large contractor with the United States and other governmental agencies. An...
In a statement announcing the federal government’s fiscal 2023 budget, President Joe Biden quoted his father, saying: “Don’t tell me what you value. Show me your budget, and I’ll tell you...