June 2, 2026

Marine Corps Passes DoD Audit for 3rd Year in a Row

Audit

For the third year in a row, the US Marine Corps has passed its fiscal 2025 financial audit.

Milestone for Marines F-35C Squadron

F-36C

The Marine Fighter Attack Squadron (VMFA) 314 Black Knights are the first Marine Corps F-35C squadron to achieve full operational capability.

Defense Revenues Up 5% Over Last Year

Military Spending

Despite the coronavirus pandemic, the defense industry saw a gain in revenues in 2020. Defense revenues recorded in this year’s Defense News Top 100 list totaled $551 billion, up about 5% from $524 billion for fiscal 2019.