The State Department informed Congress it approved the United Arab Emirates’ request to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets under a potential $10B deal, Reuters reported Friday. The potential foreign military sales deal will move to an informal review by the House Foreign Affairs and Senate Foreign Relations committees.
Read More »Mark Esper Named Acting Defense Secretary
President Donald Trump has selected Mark Esper, secretary of the U.S. Army and a 2019 Wash100 winner, to take over leadership of the Department of Defense on an acting basis. Trump announced Esper’s appointment in a tweet posted Tuesday after Acting Defense Secretary Patrick Shanahan resigned and withdrew from consideration for the top DoD job to focus on his family.
Read More »