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WASHINGTON and DAYTONA BEACH, FLA. — Pentagon leaders are still struggling to meet weapons delivery timelines despite their frequent pledges to get new equipment into troops’ hands more quickly, according to a new government watchdog report.
“The overall average time frame to deliver a capability increased this year to over 12 years,” the Government Accountability ...
MELBOURNE — Australia has released a new strategy in its latest effort to grow its sovereign defense industrial base, kicking off reforms to how it will develop and acquire platforms in coming years.
In this episode of The Pentagon Buzz, Pentagon reporter Ashley Roque explains that despite technically having multiple years to spend $152 billion in 2025 reconciliation money, if it’s not spent by the end of the fiscal year, some of the unspent funds will be hit with an 8.3 percent cut. As of late April,
Nestled inside the four months since the United States launched attacks on Iran was six weeks of the most intensive air campaign since the “shock and awe” opening of the Iraq in...
BELFAST — Franco-German land vehicles manufacturer KNDS has decided to indefinitely hold off on a planned stock market listing, citing concern around European defense “market volatility.”
Shareholders told the firm of “their intention to resume the Initial Public Offering (“IPO”) process upon the return of more favorable market conditions,” according to a statement ...