Drones
Ukraine's Six-Month Window: How the Drone War Turning Point Is Reshaping Defense Spending
Something has shifted on the battlefield in Ukraine. After more than four years of grinding attrition, the Institute for the Study of War assessed in…
Policy and Budgets
Policy and Budgets
The $1.2 Trillion Question: What the Golden Dome Cost Gap Means for Defense Investors
There is a number that has been quietly reshaping the calculus of every major defense contractor in America: $1.2 trillion. That is the Congressional…
Policy and Budgets
Europe Goes Bilateral and Congress Goes to $1.1 Trillion: The Week That Redrew the Defense Budget Map
The UK and Poland signed the Northolt Treaty on May 27. The House Armed Services Committee released its FY27 defense bill on May 29. Together, these two events tell the same story: the global defense budget architecture is being rebuilt from scratch.
Drones
Pentagon Bets on Drone Startups: Inside the $210 Billion Push to Close America's Drone Gap
The Trump administration is negotiating equity stakes in American drone startups. Here is what the Pentagon's $210 billion push to close the U.S. drone manufacturing gap means for investors and the defense sector.