Anduril Industries announced its YFQ-44 ‘Fury’ autonomous fighter jet prototype successfully completed its first live flight test, achieving the milestone in just 556 days from clean-sheet design to flight—less than two years. The Fury is Anduril’s entry for the Air Force’s …
Anduril Industries selected Columbus, Ohio for Arsenal-1, its first ‘hyperscale manufacturing facility’ designed to produce tens of thousands of autonomous weapons systems annually. The company announced nearly $1 billion in investment to build the 5-million-square-foot facility in …
Northrop Grumman spent $10.86 million on federal lobbying in 2023, employing 36 lobbyists of whom 29—a staggering 80.6 percent—had previously worked in government positions, exemplifying the revolving door between the Pentagon, Congress, and defense contractors that enables systematic corruption of …
President Joe Biden nominated Frank Kendall for Air Force Secretary in May 2021 despite Kendall having received $702,319 in consulting fees from Northrop Grumman as part of a $300,000 per year consulting contract after serving as Under Secretary of Defense for Acquisition, Technology and Logistics …
The Department of the Air Force awarded Northrop Grumman a $13.3 billion contract on September 8, 2020, to develop the Ground Based Strategic Deterrent intercontinental ballistic missile system, initiating the engineering and manufacturing development phase of a program estimated to cost between …
On April 3, 2020, Raytheon Company and United Technologies Corporation (UTC) completed a $135 billion merger creating Raytheon Technologies, the world’s second-largest aerospace and defense company behind only Boeing. The merger combined Raytheon’s weapons systems—including the Patriot …
Northrop Grumman Systems Corporation agreed to pay $31.65 million to settle civil and criminal charges for systematically defrauding the U.S. Air Force by overbilling labor hours on battlefield communications contracts between January 2011 and October 2013. The settlement included $27.45 million for …
Northrop Grumman completed its $9.2 billion acquisition of Orbital ATK on June 6, 2018, gaining control of the premier supplier of solid rocket motors essential for missile systems and creating anticompetitive market dominance that the Federal Trade Commission warned would “reduce competition …
Anduril Industries was incorporated on June 16, 2017, by Palmer Luckey (Oculus VR founder), Trae Stephens (Founders Fund partner and former Palantir executive), Matt Grimm, Joe Chen, and Brian Schimpf (CEO). The company was seeded by Peter Thiel’s Founders Fund and pitched low-cost border …
Retired General Mark Welsh joined Northrop Grumman’s board of directors just five months after retiring as Air Force Chief of Staff and barely one year after the company won the $21.4 billion initial contract to build the B-21 Raider next-generation stealth bomber, exemplifying the revolving …
The U.S. Defense Department awarded Northrop Grumman a development contract for the B-21 Raider Long Range Strike Bomber on October 27, 2015, with an initial value of $21.4 billion that could eventually reach $80 billion over the program’s lifetime, representing one of the largest defense …
General James Mattis joined the General Dynamics board of directors in August 2013, just five months after retiring from the Marine Corps in March 2013 as commander of U.S. Central Command. Mattis would earn over $900,000 in total compensation during his 2013-2017 board tenure, including $594,369 in …
Northrop Grumman’s RQ-4 Global Hawk surveillance drone program experienced massive cost escalation, with per-unit costs exploding from an initial $60.9 million in 2001 to $222.7 million per aircraft (including development costs) by 2013—a nearly four-fold increase that forced the Air Force to …
The Northrop Grumman B-2 Spirit stealth bomber’s operating costs reached approximately $150,000 per flight hour according to U.S. Department of Defense estimates, making it the most expensive military aircraft to operate in history and generating massive ongoing revenue for Northrop Grumman …
Northrop Grumman Corporation and its predecessor TRW Inc. agreed to pay $325 million to settle False Claims Act allegations that they provided and billed the National Reconnaissance Office for defective microelectronic parts used in classified spy satellites over a decade-long period from 1992 to …
President George W. Bush appointed James G. Roche as Secretary of the Air Force in 2001 despite—or perhaps because of—Roche’s 17-year career as a top executive at Northrop Grumman, one of the Air Force’s largest contractors, exemplifying the revolving door that enables defense industry …
On June 13, 1971, The New York Times began publishing excerpts from a 7,000-page classified Defense Department study titled “History of U.S. Decision-Making in Vietnam, 1945-1968”—soon known as the Pentagon Papers. Leaked by military analyst Daniel Ellsberg, the documents revealed that …
Nixon and Kissinger launch Operation Menu, a covert bombing campaign against neutral Cambodia conducted without congressional authorization or public knowledge. The secret carpet-bombing campaign—with missions codenamed Breakfast, Lunch, Dinner, Snack, Dessert, and Supper—is confirmed at an Oval …
Defense contractor profiteering from the Vietnam War reaches extraordinary levels as the RMK-BRJ construction consortium alone holds contracts officially estimated to reach at least $900 million by November 1967. Over 60% of all construction work in South Vietnam during the war is accomplished by …
The term “credibility gap” enters widespread use to describe the growing disconnect between the Johnson administration’s optimistic public statements about Vietnam War progress and the grim reality experienced by soldiers and reporters in the field. The New York Herald Tribune …
Bell Helicopter’s revenue explodes from $150 million in 1962 to over $2 billion by 1967 as the company manufactures more than 100 Huey helicopters per month during the peak of the Vietnam War. The Bell UH-1 Huey becomes the defining symbol of U.S. involvement in Vietnam, with the conflict …
Congress passes the Gulf of Tonkin Resolution with near-unanimous support (416-0 in the House, 88-2 in the Senate), granting President Johnson broad war powers to use military force in Southeast Asia without a formal declaration of war. The resolution responds to reported attacks on U.S. Navy …
The National Association of Manufacturers (NAM) board selects Werner P. Gullander as the organization’s first full-time permanent president by 1962, following a late 1950s organizational restructuring where declining membership resulted in a takeover by larger corporations that purged …
In his nationally televised farewell address from the Oval Office, President Dwight D. Eisenhower issued one of the most prescient warnings in American political history about the dangers of the military-industrial complex. The five-star general and Republican president who had led Allied forces in …
The House Armed Services Special Investigations Subcommittee, led by Rep. F. Edward Hebert (D-La.), released a shocking report documenting the extent of the defense industry revolving door. After questioning 75 witnesses over 25 days in mid-1959, the subcommittee found that more than 1,400 retired …
Congress holds 25 hearings throughout 1959 to investigate the revolving door between defense contractors and senior military officials, marking the first systematic examination of conflicts of interest in weapons procurement. General Omar Bradley, who served as the first chairman of the Joint Chiefs …
The Senate Armed Services Committee confirms Charles Erwin “Engine Charlie” Wilson as Secretary of Defense by a vote of 77 to 6, despite controversy over his massive General Motors stockholdings valued at more than $2.5 million (approximately $24 million in 2018 dollars). Wilson had …
The U.S. Navy awards Electric Boat the contract to design and build the world’s first nuclear-powered submarine, USS Nautilus (SSN-571), marking a pivotal moment in the military-industrial complex’s evolution. The contract launch demonstrates how Cold War nuclear competition drives …
President Harry S. Truman signs the Defense Production Act in response to the Korean War, enacting sweeping federal authority over industrial mobilization and war production. The legislation enables Truman to establish the Office of Defense Mobilization, institute wage and price controls, strictly …
The House Armed Services Committee exonerates Secretary of Defense Louis Johnson and Air Force Secretary Stuart Symington of corruption charges related to the B-36 bomber contract, despite Johnson’s recent service on Convair Corporation’s board of directors. An anonymous document …
Twelve nations sign the North Atlantic Treaty (Washington Treaty) on April 4, 1949, establishing the North Atlantic Treaty Organization (NATO) and marking a fundamental transformation in U.S. foreign and defense policy by committing the United States to an ongoing role in European defense. The …
The Marshall Plan (officially the European Recovery Program) begins on April 3, 1948, as the United States initiates a $13.3 billion economic recovery program for Western Europe ($137 billion in 2024 dollars). Announced by Secretary of State George Marshall in June 1947 and signed into law by …
James Vincent Forrestal, a successful Wall Street financier who ran the investment bank Dillon, Read & Co., becomes the first United States Secretary of Defense when the National Military Establishment is formally established. Forrestal’s appointment represents the archetypal revolving …
President Truman signs the National Security Act, merging military departments into the National Military Establishment (later Department of Defense), creating the CIA and National Security Council, and establishing the National Security Resources Board to coordinate military, industrial, and …
President Harry S. Truman addresses a joint session of Congress on March 12, 1947, requesting $400 million in military and economic assistance for Greece and Turkey, establishing what becomes known as the Truman Doctrine. The speech marks a fundamental shift in American foreign policy from …
President Harry Truman signs the Atomic Energy Act of 1946 on August 1, establishing the Atomic Energy Commission (AEC) to control the development and production of nuclear weapons and to develop nuclear power. The act creates unprecedented peacetime secrecy powers and establishes the framework for …
Following Japan’s surrender ending World War II, major defense contractors including Boeing, Lockheed, General Dynamics, and converted automotive manufacturers face the challenge of transitioning from massive wartime production to peacetime economy. The War Production Board, which directed …
Ford Motor Company breaks ground on the Willow Run bomber plant near Ypsilanti, Michigan, on April 17, 1941. The facility, the largest factory under one roof in the world at over 3.5 million square feet, is built entirely with government funds through the Defense Plant Corporation but operated by …
President Franklin D. Roosevelt signs the Neutrality Act of 1939 on November 4, repealing the arms embargo provisions of earlier Neutrality Acts and allowing arms sales to belligerent nations on a “cash-and-carry” basis, effectively ending the policy designed to prevent American business …
On November 20, 1934, the U.S. House of Representatives Special Committee on Un-American Activities (McCormack-Dickstein Committee) begins secret testimony from retired Marine Corps Major General Smedley Butler, who alleges that wealthy Wall Street financiers plotted to overthrow President Franklin …
The U.S. Senate Special Committee on Investigation of the Munitions Industry, chaired by Senator Gerald Nye (R-ND), begins operations on April 12, 1934, to investigate the financial and banking interests underlying American involvement in World War I and the enormous profits reaped by industrial and …
The United States Congress declares war on Great Britain, initiating the War of 1812 ostensibly over British impressment of American sailors, trade restrictions, and western expansion conflicts. The declaration creates immediate opportunities for systematic profiteering, contractor fraud, and …