President Trump Has a Rare Chance to Cut the $1 Trillion Defense Budget: Which Stocks Are Most at Risk?
Last week, as you may have heard, President Trump expressed a desire to "cut our military budget in half," utilizing Musk and his merry band of Department of Government Efficiency (DOGE) price cutters to get the job done.
Defense leaders ordered to find budget cuts to ‘align with the president’s priorities’
Defense Secretary Pete Hegseth said Trump gave his department “clear marching orders: revive warrior ethos, rebuild our military and reestablish deterrence. We will refocus our core missions and
Hegseth wants Pentagon to cut 8% from defense budget for each of the next 5 years
Defense Secretary Pete Hegseth has told the Pentagon to find $50 billion in programs to cut this year, to redirect funds to President Trump's priorities.
Hegseth orders $50 billion of defense budget redirected from Biden to Trump priorities
Defense Secretary Pete Hegseth said the funds will be pulled from 'so-called "climate change" and other woke programs.'
Defense secretary orders military to prepare for major budget cuts
Defense Secretary Pete Hegseth has ordered the military to prepare plans to make drastic budget cuts over the next five years, with an exception for border security, according to a new memo obtained by CNN.
Hegseth orders Pentagon to make plans for major budget cuts to align with Trump DOGE priorities
Defense Secretary Pete Hegseth has ordered the Pentagon to develop plans for cutting 8% from the Department of Defense budget.
Pete Hegseth orders senior leaders to cut 8% from Defense budget
Defense Secretary Peter Hegseth has ordered senior military and civilian Pentagon officials to cut 8% from the defense budget over each of the next five years.
Hegseth orders Defense Department to cut $50 billion from FY26 budget
Defense Secretary Pete Hegseth wants to "refocus the Department on its core mission of deterring and winning wars," according to a Department of Defense statement.
Wedbush: Defense Budget Cuts Will Help, Not Hurt Palantir Stock
U.S. defense stocks opened in the red on Thursday, Feb. 20 following reports that President Donald Trump’s administration has ordered the Pentagon to lower its budget by 8% annually over the next five years.
Trump wants attack subs. The rest of the $50 billion Pentagon budget shuffle is a question mark for the Navy.
Pentagon leadership is talking about taking funds from legacy programs for Trump's priorities. Beyond attack subs, there's ...
Pentagon orders budget revamp to redirect $50 billion toward Trump's defense priorities
The Pentagon said on Wednesday it was directing the military to draw up a list of potential cuts totaling about $50 billion ...
Senate adopts budget framework for border, defense package
Senate Republicans finally pushed through their blueprint for the first phase of President Donald Trump's legislative agenda ...
Defense News3d
White House eyes 8% cut to defense budget to boost Trump priorities
The move could reduce defense spending projections by hundreds of billions of dollars over the next five years.
Palantir (PLTR) Sinks as the Pentagon Prepares to Slash the Defense Budget
Palantir’s (PLTR) share price plummeted by as much as 12.5% on Wednesday after a report by The Washington Post said that the ...
Which Countries Spend the Most on Military Defense?
As the U.S. government debates the future of its defense spending, how much does the U.S. spend compared with other countries ...
Will DOGE Bring Real Change to the Pentagon?
After taking a wrecking ball to other federal agencies, the DOGE has turned its attention to the Pentagon. Will it make real ...