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Elon Musk's Department of Government Efficiency (DOGE) has been pushing even the Pentagon officials and the US Department of Defense (DoD) to cut back on spending.
Former US Congressman and co-host of Yahoo Finance's Warrior Money podcast, Patrick Murphy, comes on Asking for a Trend to weigh in on how military contractors and the broader defense space are responding to calls for reduced defense funding.
Murphy also served as the 32nd Under Secretary of the Army under the Obama administration.
Hosted by former Congressman Patrick Murphy and veteran investor Dan Kunze, Yahoo Finance’s Warrior Money is a weekly vodcast dedicated to uplifting military veterans transitioning into civilian life. Through insights from fellow veterans and high-ranking government officials, Murphy and Kunze are helping set vets up for success through financial education and inspiration.
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.