May 26, 2024

Biden Wants to Scale Back F-35 Orders

F-35 on the International Stage

The Biden administration wants to scale back on Lockheed Martin F-35s. DoD’s order for F-35 fighter jets will drop to below 70, down from an expected 83 – an estimated $1.6 billion drop in spending on jets.

Uptick in Attacks on US Troops in Middle East

Attacks

As the US continues to move its assets around the Middle East to support Israel in its war against Hamas, the number of attacks on US troops nearby has increased.

DoD Ups Estimates for Contractors’ COVID Relief

COVID Relief

The Pentagon acquisition chief estimates $20 billion is needed to help the defense industry cover COVID-19 costs.