United States Department of Defense, a state-owned entity headquartered in the US, was founded in 1949 and employs approximately 67,850 individuals. The department's primary function is to provide military forces to protect the U.S. and U.S. interests abroad.

Revenue

Founded

1949

Headcount

67,841

Headquarters

US

Primary Segment

Armed Forces

Ownership

State Owned

News Summary:

On February 7, 2026, the U.S. Department of Defense (DoD) severed its 250-year academic relationship with Harvard University. Defense Secretary Pete Hegseth announced the decision, citing concerns that the university’s ideological climate hinders the development of military officers, specifically ending graduate-level military training fellowships and certificate programs. Earlier on the same day, the DoD initiated its "Drone Dominance Program," a structured competitive evaluation known as "Gauntlet" activities. This program aims to accelerate the fielding of low-cost one-way attack drone capabilities at scale, starting with a cohort of 25 vendors for Phase I before a down-select to 12 for prototype delivery orders and test-batch contracting. Previously, on February 6, a defense official stated that the U.S. is assembling a new arms sale for Taiwan, likely including Integrated Battle Command Systems (IBCS), following reports that Washington is preparing a US$20 billion package encompassing Patriot missiles and other weapons. Also on February 6, the U.S. cleared a $185 million support package to provide Class IX repair parts and components, crucial for maintaining Ukraine’s Abrams, Bradley, and HIMARS combat vehicles and essential equipment.
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