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The Latest Breaking News from the Department of Defense

American capitalism is being remade by state power

Is the Trump administration trying to reshape American capitalism? Recent moves by Washington, such as taking a 10% share of semiconductor maker Intel, point to a shift in that direction. For decades, Washington has supported free-market capitalism. Today, the government appears to be supporting a new direction – state-directed capitalism.

The Conversation

From Department Of Defense To Department Of War: Is Trump Telling Us Something With Name Change?

Donald Trump has floated renaming the Department of Defense to its original 'Department of War', arguing the current title is 'too defensive'. Here's why the Pentagon changed names in the first place.

International Business Times UK

‘We’re just going to do it’: Trump wants to change the Defense Department’s name to something both unnecessary and terrifying

Of course Trump would think this is a good name.

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‘We’re just gonna do it’ Trump says he plans to ignore Act of Congress needed to rename Department of Defense

Donald Trump says he plans to ignore the need for an Act of Congress to change the name of the Department of Defense.

The Independent UK

Trump says he and Secretary Hegseth want to take ‘Department of Defense’ back 80 years

The Department of Defense was created in 1949 by combining the Army, Navy and Air Force departments

The Independent UK

Top Air Force general to resign because Pete Hegseth wants to take Pentagon in ‘different direction’

Gen. David Allvin asked to retire as Defense Secretary Pete Hegseth ‘wanted to go in another direction,’ according to report

The Independent UK

Largest ICE Detention Facility in the U.S. to Open Despite Contract Disputes, Safety Probes and an Unresolved On-Site Death

The opening of a detention center in Texas is marred in controversy and comes after months of setbacks, including two investigations into possible improper bidding, two canceled contracts and, most recently, a death on the construction site

Latin Times

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Trump could expand role of national guard for ‘quick reaction’ to unrest

Pentagon considers a quick-reaction force to deploy in US cities amid unrest, raising legal and political concerns

The Guardian - US

Air Force bid for Tesla Cybertrucks in target practice symbolizes the ‘evolving’ relationship between the Pentagon and Big Tech, expert says

The ballooning demand from the military for innovative technology creates a “whole new sector” friendly to BigTech, an American University professor told Fortune.

Fortune

MP Materials Stock Hits All-Time High Following Q2 Earnings Beat

MP Materials Corp (NYSE:MP) reported financial results for the second quarter after the market close on Thursday. Here’s what you need to know from the report.

Benzinga

How Palantir—a company too small to make the Fortune 500—became one of the world’s 25 most valuable companies

Palantir’s eccentric CEO has led one of the most controversial companies in Silicon Valley to unprecedented success.

Fortune

Hegseth ‘has great jeans’: Defense Department taps into MAGA’s obsession over Sydney Sweeney ad

President Donald Trump praised the advertising campaign after it was revealed that Sweeney is registered as a Republican in Florida

The Independent UK

‘Leaking stuff himself’: Humiliating defeat for Pete Hegseth as Trump puts his ‘shush-shush’ scheme out of its misery

All that work for nothing.

We Got This Covered

NASA or the Space Force: Who should protect Earth from dangerous asteroids?

NASA currently leads the nation's planetary defense efforts, but some are calling for the Space Force to take control.

Space

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Windows Central

Atlantic allies turn to xAI and OpenAI — Why chatbots are now a matter of national strategy

OpenAI teams up with the UK as xAI scores $200M Pentagon deal

Latin Times

Hegseth's Battle Against DEI Has Resulted in 'Far More' Racist Incidents at the Defense Department: Report

Pete Hegseth has railed against DEI programs since being confirmed earlier this year. However, this push has reportedly led to an uptick of racist incidents.

Windows Central

“Literally no one seems to know anything about this” — Microsoft used China-based engineers to maintain DoD systems with high impact data

"Digital escorts” with limited expertise oversaw China-based staff working on systems containing critical U.S. defense data.

Reason

Pentagon Awards up to $200 Million to AI Companies Whose Models Are Rife With Ideological Bias

The Department of Defense awarded contracts to Google, OpenAI, Anthropic, and xAI. The last two are particularly concerning.

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The Guardian - US

‘It’s a madhouse’: US state department workers reeling after Trump’s firings

About 3,000 workers have left the agency through firings and buyouts in a move Democrats and staff call ‘unlawful’

The Independent UK

Senior Pete Hegseth adviser, who alleged colleague called the cops on him, ‘resigned’ from Pentaton

Justin Fulcher, who previously accused a colleague of calling the cops on him, has been ousted from the Pentagon

Barchart

Could the Pentagon’s $550 Million Bet on Rare Earths Signal the Next Market Boom?

A deep dive into why the U.S. government is backing rare earth mining; plus, the tiny companies flying under the radar.

Benzinga

MP Materials Stock Is Sliding After Hours: Here's Why

MP Materials Corp (NYSE:MP) shares are trading lower in after-hours on Wednesday after the company announced a proposed public offering.

Benzinga

Draganfly Stock Is Moving Higher Wednesday: What's Going On?

Draganfly Inc. (NASDAQ:DPRO) shares are trading higher Wednesday after the company announced its Cammander3 XL UAV has been selected by the Department of Defense for advanced operation initiatives.

International Business Times

Pentagon Inks Contracts For Musk's XAI, Competitors

The Pentagon announced contracts on Monday with multiple leading US artificial intelligence firms including Elon Musk's xAI, which has faced intense scrutiny in recent days over anti-Semitic posts by its Grok chatbot.

Fortune

Elon Musk spent months slashing federal contracts — Now his AI company is celebrating a $200M Pentagon contract and new unit to get government business

xAI says that it wants to start servicing federal, local, state, and national security customers.

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