The Defense Department is asking Congress for about $20.2 billion in the next fiscal year for a loan program designed to help eligible companies working in certain technology areas of interest.
The funding request for the Defense Strategic Capital Credit Program, which is overseen by the Office of Strategic Capital, was included in fiscal 2027 budget documents recently released by the Pentagon and seeks to boost spending on the initiative by more than an order of magnitude.
The program was allotted less than $1.5 billion for fiscal 2026, according to budget documents.
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The Marine Corps awarded a second prototyping phase for its Advanced Reconnaissance Vehicle (ARV) program last week, driving an expensive, high-stakes competition between two major defense companies to replace a decades-old platform and shape part of the service’s amphibious repertoire.
The Marine Corps announced April 1 that General Dynamics Land Systems and Textron Systems “will be building and delivering” three pre-production variations of the ARV by 2028: a command and control model with drone capabilities, one with a 30mm autocannon and a third for logistics.
A new Pentagon policy for veterans still in the Individual Ready Reserve puts a sharper tone on how the Pentagon views inactive soldiers, moving from a last resort to a backup source for manpower.
“First and foremost, the [Individual Ready Reserve] is a mobilization asset. Deliberative plans will be in place that account for the use of the IRR, especially in plans for full mobilization,” according to a Department of Defense instruction released March 23.
A Tomahawk Costs $2 Million — The LUCAS Drone Does the Same Job for $35,000, and the Pentagon Can Build Hundreds for the Price of a Few Missiles
Nothing demonstrates the greatest military superpower like having to reverse-engineer a drone from the Islamic Republic of Iran. But that’s exactly what the Low-Cost Uncrewed Combat Attack System (LUCAS) is.
It’s a dynamic, deadly, and cost-effective system.
Cheaper is Better in Modern War
A one-way attack “Kamikaze” drone is designed to loiter then dive into targets. They are built to be cheap, mass-producible, and expendable.
China Launched 10 Nuclear Submarines Between 2021 and 2025 — Surpassing the U.S. Production Rate for the First Time
A series of reports and analyses of satellite imagery of activity at China’s submarine construction facilities indicates that Beijing is accelerating the production of nuclear-powered submarines at a pace that is beginning to draw serious attention in Washington.
The expansion of infrastructure at shipyards like Bohai is part of a larger increase in output of both attack and ballistic missile submarines. It reinforces conclusions already laid out in U.S.
The pilot of an A-10 Warthog had to eject due to damage and a helicopter was hit during the rescue on Friday of one of two F-15 crew members who were shot down over Iran, Air Force Gen. Dan Caine, Chairman of the Joint Chiefs of Staff, told reporters on Monday.
At 4:40 am local time, the F-15 with the call sign “Dude 44” went down over Iran, prompting President Donald Trump to immediately order a rescue mission, Caine said at a White House briefing.
Aircraft Carrier HMAS Melbourne Served 27 Years in the Australian Navy — It Deployed to Vietnam and the Indonesia-Malaysia Confrontation
As a former U.S. Army infantry soldier, I admire the Australian military for its strength in anti-terrorism and counter-insurgency operations. The Australians have their own Special Air Service Regiment modeled after the British, and these Tier One operators can punish the enemy. Ninety of the commandos may be in the Middle East now.
Department of Veteran Affairs case managers failed to refer veterans experiencing homelessness to the VA’s supportive housing program, due to understaffing, high turnover and staff burnout, according to a recent watchdog report.
The Government Accountability Office’s report found that the VA, during a time period covering both the first Trump administration and the Biden administration, suffered from high case manager turnover that left many veterans not properly supported. As a result, just over 174,000 veterans were not referred to a federal voucher program between 2020 to 2024.
Two retired U.S. admirals with deep experience at sea and in the air joined Ryan to discuss the military challenge of reopening the Strait of Hormuz. Adm. (ret.) Jamie Foggo and Vice Adm. (ret.) John “Fozzie” Miller unpack how Iran has been able to throttle one of the world’s most important waterways and what it would actually take to restore freedom of navigation. The conversation explores mines, drones, missiles, escorts, air strikes, how a Marine expeditionary unit might raid Kharg Island, and (of course) the strategy. Hours before this was recorded, news had broken that a U.S.
Welcome to The Ukraine Compass, a weekly digest of Ukrainian commentary and analysis from across the political spectrum only for War on the Rocks members. Each Monday, we bring you a curated selection of articles from Ukrainian media offering insight into how Ukrainians themselves debate the issues shaping their country.American coverage often narrows the view to the battlefield — these pieces widen it, revealing the texture of daily life, politics, and public argument in a nation at war.