The Defense Department awarded $18.4 billion in unclassified spending for missile defense systems in fiscal 2025, with procurement for guided missiles within that market increasing by 52% from the previous year’s levels, according to a Bloomberg Government analysis.

Two enterprise-scale opportunities estimated to serve more than 150 million Americans would modernize government health service delivery as health care costs rise and federal agencies move to consolidate contracts around commercial solutions.

The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz, where traffic has all but stopped amid the US and Israeli attacks on Iran.

Emil Michael made his name in Silicon Valley a decade ago as an aggressive dealmaker for a startup — Uber Technologies Inc. — as it wrangled with governments in pursuit of market domination. Now, Michael has switched sides in a battle involving a different startup — this time taking a leading role in the Pentagon’s dispute with artificial intelligence pioneer Anthropic PBC.

US Trade Representative Jamieson Greer and Canada-US Trade Minister Dominic LeBlanc met Friday in Washington in the first high-level, in-person talks between the two men in months.

President Donald Trump said the largest US defense manufacturers had agreed to boost production of some weapons following a meeting at the White House, amid worries that the war against Iran is depleting Pentagon stockpiles.