"We cannot f---ing wait to innovate until Americans are dying on the battlefield," Driscoll said in his remarks at the annual meeting of the Association of the United States Army in Washington. "We must act now to enable our soldiers. Our window to change is right now, and we have a plan to do it. We will set the pace with innovation, and we will win with silicon and software, and not with our soldiers' blood and bodies," he added.
The plan prioritizes naval fleet growth, missile systems, ground vehicles, and advanced electronics to maintain strategic edges. While the three largest U.S. defense contractors - Lockheed Martin ( ), RTX ( ), and Northrop Grumman ( ) - will secure large portions through flagship programs such as fighters and bombers, the spending surge creates broader gains. This could enhance revenues, support stock rallies, and provide predictable income streams amid economic uncertainties.
President Donald Trump hasn't talked much lately about Golden Dome, his much-ballyhooed defense initiative that he claimed could shoot down enemy missiles as they darted toward U.S. territory, thus transforming-in some ways, ending-the nuclear era.
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.