Hegseth warns defense contractors to move faster on weapons development or fade away

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Pete Hegseth presses defense contractors to speed up weapons development and delivery or risk being replaced. He argues the Pentagon must prioritize speed, volume, and commercial-first contracting over slow, multi-year procurement programs. The memo he describes would create new Portfolio Acquisition Executives, consolidate Army acquisition offices, and tie performance to delivery scorecards. The article also notes that several defense and technology companies attended the speech as the Pentagon signals a broader shift in how it buys and fields technology.

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