Defense Secretary Pete Hegseth, in an address at the National War College that directed an ambitious overhaul of the Pentagon's infamously bureaucratic acquisition system, told senior executives from the world's largest defense companies that they will "fade away" if they do not move faster, deliver at greater scale and "assume risk." “The defense industry financially benefits from our backwards culture,” he said. “These large defense primes need to change, to focus on speed and volume and divest their own capital...
