President-elect Donald Trump has tapped Elon Musk to help spearhead cuts to government spending, and the defense sector could be a prime target.
The Defense Department’s budget for the 2024 fiscal year is $841 billion, roughly 12.5% of the total federal budget, and the Pentagon has struggled with cost overruns and waste.
Musk plans to review federal spending as part of a newly created “Department of Government Efficiency” — or DOGE. It’s not an official agency, and Congress controls budgets […]
Elon Musk is looking for trillions in government waste, and defense is a massive potential target