Torres Urged to Donate Arms Maker Profits He Made While Backing Aid to Israel
Rep. Ritchie Torres holds investments in major defense contractors supplying weapons used by Israel in Gaza, prompting calls to donate investment profits to humanitarian aid.
U.S. Awards Lockheed Martin a Record $68.5B, Larger Than the Next Two Contractors Combined
HII Mission Technologies earns approximately $4.5 billion annually, accounting for 1% of all DoD contract spending by developing unmanned underwater vehicles and drones for naval missions.
Foreign Governments Receiving the Most Weapons from the US
The United States spends significantly on defense, with a budget of over $997.3 billion in 2024, far surpassing any other nation's military expenditure.
The US Army will include right-to-repair provisions in contracts, reducing reliance on contractors for repairs and addressing long-standing issues of equipment maintenance.