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As Secret Pentagon Spending Rises, Defense Firms Cash in | Defense One
Source: Photo by Julian Dufort on Unsplash

As Secret Pentagon Spending Rises, Defense Firms Cash in | Defense One

Almost $76 billion of the Department of Defense’s budget is classified in the proposed for the new year, making up 11% of the total budget. While military personnel say they can’t speak on the money spent for classified projects, executives from large defense companies didn’t seem to get the memo. These restricted developments have become the big news between firms participating in contracts regarding the amount of money involved. Raytheon for example flaunted a $7 billion revenue from classified contracts, a 46% increase from last year.

Source: https://www.defenseone.com

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