Company rebukes inaccurate media reports, affirms phased acquisition subject to regulatory and stockholder approval, new defense joint venture, and broader national security platform CENTENNIAL, Colo.

Discover how the DOW’s Michael Duffey is transforming defense acquisition, helping the Pentagon faster acquire critical ...

Defense Secretary Pete Hegseth outlined plans Friday for a sweeping revamp of the military's acquisition systems, which he described as sluggish and mired in bureaucracy. (Julia Demaree Nikhinson/AP) ...

The Defense Department is rapidly transforming our antiquated acquisition processes and revitalizing the atrophied Defense Industrial Base (DIB) by prioritizing speed, flexibility, and rigorous ...

Section 1. Purpose. As Chief Executive and Commander in Chief, I am committed to ensuring that the United States military possesses the most lethal warfighting capabilities in the world. America’s ...

Drumroll, please. On November 7, 2025, the Department of Defense (DoD) released three memoranda signaling changes to its approach to procurement and Foreign Military Sales/Direct Commercial Sales in ...

Tracye Winfrey Howard, Nicholas Iliff, Jr. On November 7, 2025, Secretary of War Pete Hegseth issued three memoranda that collectively direct a significant shift in defense policy and management.

On April 9, 2025, Executive Order titled “Modernizing Defense Acquisitions and Spurring Innovation in the Defense Industrial Base,” was signed by President Donald J. Trump. The executive order clearly ...