[ad_1] Defense Secretary Pete Hegseth’s plan to reduce projected US military spending by 8% over the next five years would spare southwest border enforcement, the Air Force’s newest drone program, nuclear weapons modernization and preparations for a clean audit, according to a new memo he sent to the services. The February 18 memo instructs “senior […]
Palantir shares fall 10% on reports of Pentagon slashing budget – CNBC TV18
[ad_1] Palantir Technologies Inc. shares fell 10% on Wednesday, and continued to slide in after-hours trading, following a report that US Defense Secretary Pete Hesgeth plans to slash military spending. Company Value Change %Change Palantir, which has seen its stock soar by almost 50% this year, is a major US defense contractor in addition to […]
American Airlines Crash: Army says experienced pilots were on routine flight – CNBC TV18
[ad_1] The US Army Black Hawk helicopter that collided with a passenger jet over Washington on Wednesday evening was manned by an experienced three-person crew conducting a routine training flight over familiar territory, a service official told reporters Thursday. The instructor pilot conducting the evaluation, and who had command of the aircraft, had about 1,000 […]
What to know about Pete Hegseth, Donald Trump’s pick to serve as defence secretary – CNBC TV18
[ad_1] In picking Fox News Channel host Pete Hegseth to lead the Department of Defense, President-elect Donald Trump has selected a military veteran and popular conservative media personality with a large following of his own. Hegseth, 44, has developed a close rapport with Trump, who also reportedly considered him for a post in his first […]