All posts tagged "Defense Industry"

Trump is angry over the United States' dwindling stockpile of missiles as he looks to once again escalate the conflict with Iran, according to a new report.

According to insiders who spoke to NBC News, "the president has expressed anger to aides and allies over thinning American stockpiles."

Amid war in Iran, the U.S. military is burning through the Pentagon's supplies of missiles and interceptors, according to NBC News, citing defense officials. While Defense Secretary Pete Hegseth has dismissed concerns, military officials, lawmakers, and outside experts worry about how the U.S. will respond if another enemy attacks, NBC News noted....

This article originally appeared in OpenSecrets. Sign up for their weekly newsletter to receive stories like this one in your inbox.

In the first half of 2023, defense contractors and other defense sector players spent nearly $70 million lobbying the federal government. Much of this lobbying concerned the 2024 National Defense Authorization Act, an annual appropriations bill funding the Pentagon and military operations. Lobbyists are legally required to report third quarter spending on Oct. 20.

The NDAA allocates a total of $876.8 billion, with $844.3 billion dedicated to the Department of Defense budget and $32.4 billion to the Department of Energy for national security programs....