FOUND: Department of defense | Mind Blowing Facts

Enlisting Capital: Wolfspeed's Defense Deal

Wolfspeed secured a conditional $1.5 billion, 30-year Defense Department loan involving equity warrants and parallel funding terms, aimed at refinancing debt and scaling its Siler City silicon carbide plant.

MarketBeat · Oct 13

The Pentagon's $350 Million Quantum Push: Why IonQ Could Benefit More Than D-Wave

The Defense Department pledged about $350 million for quantum computing, with IonQ and DARPA's Quantum Benchmarking Initiative emerging as key beneficiaries, though revenue impact remains uncertain.

MarketBeat · Oct 13

Defense startups previously without gov contracts start winning massive deals after Trump family investments. Now Dems demand a federal investigation

Sounds like quid pro quo.

We Got This Covered · Oct 7

Hegseth accused of playing ‘Russian roulette’ with US national security after latest military purge

‘Incredibly competent generals, and he’s getting rid of them,’ said Randy Manner, who retired in 2012 after serving more than 30 years in the US Army

The Independent UK · Oct 1

The Government Wants Super Expensive Changes To GM's UTV-Style Pickup

The U.S. Military announced that, in addition to the $220 million contract it has with GM Defense for the new ISV-U, it needs another $700 million in modifications, bringing the total contract value to a near $1 billion.

RideApart · Sep 24

Pentagon invited Jake and Logan Paul to speak to troops, and thanked them for ‘their visit and continued support of our military’

Why aren't they on the frontlines?

We Got This Covered · Sep 21

Planes were in the air and troops were ready to board a Chinese ship before the US learned an AI chatbot had misidentified its cargo, CNN reports

“AI allows you to get to a bad idea faster.”

We Got This Covered · Sep 20

Trump’s Iran war bill hits $45.1 billion and counting

The Pentagon estimates the US conflict with Iran has cost $45.1 billion. This figure surpasses earlier Congressional Budget Office projections for the war. The Pentagon's estimate includes war-related expenses and additional fuel costs. However, it does not cover repairs or indirect military operation costs. The conflict's ongoing nature suggests continued…

The Economic Times · Sep 20

Pentagon demands only fittest and most ‘impeccably’ groomed troops attend Hegseth speech: report

Department of Defense email reportedly invites Army commanders to nominate soldiers to appear alongside Defense Secretary Pete Hegseth – but only if they meet the approved ‘physical standards’

The Independent UK · Sep 17

Trump may insist war in Iran is 'small potatoes'—but it's costing $3 billion a month, on top of $38 billion already spent, reports budget watchdog

These funds reflect the cost of replacing expended munitions and equipment lost in battle, the CBO wrote, as well as increased flying hours, increased fuel costs, and "other operations."

Fortune · Sep 16