Lutnick’s Family Firm Holds Stake in China-Tied Satellogic
Cantor Fitzgerald is a key investor in satellite imagery company Satellogic, which is angling for U.S. defense and intelligence contracts as it works for a Chinese state-tied data company.
Cantor Fitzgerald is a key investor in satellite imagery company Satellogic, which is angling for U.S. defense and intelligence contracts as it works for a Chinese state-tied data company.
The Blue Dog Coalition, a group of self-described fiscal conservatives led by Rep. Marie Gluesenkamp Perez (D-WA), largely voted for the GOP-crafted bill pushing defense spending above $1 trillion.
The Trump-tied defense contractor has given more than $5 million since 2023 to the Ronald Reagan Presidential Foundation, a nonprofit led by GOP establishment figures that seeks to shape defense policy.
The Pentagon announced next steps in a program that could see SpaceX Starships being used to transport cargo and troops around the globe.
Musk's DOGE team is soon to arrive at the Pentagon as his companies, like SpaceX, rake in billions of dollars in defense contracts.
The proposal faced lobbying opposition from the fossil fuel industry and the U.S. Chamber of Commerce.
More than 50 members of Congress own stock in defense contractors whose profits are soaring from giant Pentagon budgets and supplemental weapons packages.
A Sludge analysis estimates that more than half of the fiscal year 2024 Pentagon budget will go to private contractors, with the five largest companies raking in one-sixth of all military spending.
The Texas Democrat has taken hundreds of thousands from defense companies with histories of ripping off taxpayers.
Texas Republican Michael McCaul owned up to $6 million in G.E. shares as he sits on the House Armed Services Committee that sets defense funding levels.