• Secretary of Defense Mark Esper said Tuesday that the US Navy needs more than 500 ships by 2045 to counter China.
  • The Pentagon envisions a force of 355 traditional warfighting vessels by 2035 and a larger for of over 500 manned and unmanned vessels by 2045.
  • The plan, known as Battle Force 2045, calls for more submarines and hundreds of unmanned or optionally-manned assets, among other changes.
  • Visit Business Insider’s homepage for more stories.

Secretary of Defense Mark Esper argued Tuesday afternoon that the US Navy needs more than 500 ships by 2045 to counter China.

Speaking at an online Center for Strategic and Budgetary Assessments event, Esper unveiled his plan for the future fleet: “Battle Force 2045.” The plan calls for a force of 355 traditional warfighting vessels by 2035 and a larger force consisting of over 500 manned and unmanned vessels by 2045.

While Esper made note of

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President Donald Trump arrives at a campaign rally at the BOK Center, June 20, 2020 in Tulsa, Oklahoma.

Win McNamee | Getty Images

President Donald Trump’s campaign has largely gone off the air with TV ads in Ohio, Texas, Iowa and Nebraska, which he easily won in 2016.

But he is outspending Joe Biden with targeted Facebook ads in those states over at least the past week, according to the social media giant’s ad tracker. 

Biden’s team has flooded the TV airwaves in the four states over the past two weeks, according to the ad tracking firm Advertising Analytics. Trump has mostly gone dark in the states, with the exception of a $22,000 TV spend in Nebraska during the week of Sept. 27. Over the same period, Biden spent more than $350,000 on cable and TV ads there. 

The Trump campaign’s decision to focus more on targeted social media ads

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With possession at their 9-yard line in the final minute of the first half last week, the Chargers were about to go into halftime with a 24-7 lead against Tom Brady and the Buccaneers.

But on a first down running play, when all he had to do was hold onto the ball, Chargers rookie running back Joshua Kelly bobbled the handoff, was hit in the backfield by Ndamukong Suh and fumbled. The Buccaneers recovered at the Chargers’ 6 and Tom Brady did what he does best — he took advantage of opportunity.

On third-and-6, Brady threw a touchdown pass to Mike Evans that cut the deficit to 24-14 at halftime. Brady threw three more touchdown passes in the second half to give the Buccaneers a 38-31 victory.

It’s been a long time since the Tampa Bay Buccaneers have gotten those kinds of breaks — and had the right guy to

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Palantir Technologies Inc. (NASDAQ: PLTR) is being mislabeled as a fancy defense contractor by the Bears; instead, it is a growth story for the next bull run that is starting to gain critical mass in selling software solutions for the data-driven world, after more than a decade of development.

We are Bullish on the name, own it in our portfolio and the stock was part of the recent weekly list of top ideas. The long-term thesis boils down to few key points, the company is a leader and one of the pure-plays on advanced data analytics software. Data is growing, data is getting complex, and the need for data intelligence is ubiquitous, among large enterprises today and medium-small enterprises down the road.

But the muted response to the stock so far suggests the enthusiasm hasn’t caught on yet. Yes, 25% higher than the reference price may be muted given the

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By David Lincourt, Solution Expert, Global Defense & Security Industry Business Unit, SAP

As we watched coronavirus sweep across the world, one industry has been particularly challenged in keeping morale high: Defense.

Defense organizations are relied upon to be able to help at a moment’s notice, and this was especially true at the height of the pandemic in many countries. Fulfilling military and civilian duties requires strong communication to understand changing needs within the defense workforce.

The Evolving Defense Workforce

At the height of the crisis, the defense industry, like all civilians, was dealing with the stress of the potential health risk for themselves and their family members and a fluctuating economy—on top of their existing and brand new responsibilities due to crisis relief in a time of shelter in place.

The impact on duties for defense personnel has varied. Some employees still need to go into the office or

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As the airline industry remains in a challenging spot, we are currently focusing on how the defense side of Boeing’s (BA) operations is performing, and we also have started to navigate more into coverage of the defense industry and have even developed a Defense Contracts Monitor that currently sports more than 1,000 contracts for Boeing and Lockheed Martin (NYSE:LMT) and we are preparing to add more companies such as Northrop Grumman (NOC) and Raytheon (RTX).

Source: St. Louis Post-Dispatch

For investors, Boeing’s defense side became more interesting due to the significant delays on the Boeing 737 MAX recertification and reduced production and delivery rates on passenger wide body models due to COVID-19. So, for cash inflow, Boeing does depend on the Defense business. Some Boeing investors have looked at contract awards to detect signs of strength, while some Boeing critiques have used the contract awards to make a point about

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The Cares Act, which Congress passed earlier this year, gave the Pentagon money to “prevent, prepare for, and respond to coronavirus.” But a few weeks later, the Defense Department began reshaping how it would award the money in a way that represented a major departure from Congress’s original intent.

The payments were made even though U.S. health officials believe there are still major funding gaps in responding to the pandemic. Robert Redfield, director of the Centers for Disease Control and Prevention, said in Senate testimony last week that states desperately need $6 billion to distribute vaccines to Americans early next year. There remains a severe shortage of N95 masks at numerous U.S. hospitals. These are the types of problems that the money was originally intended to address.

“This is part and parcel of whether we have budget priorities that actually serve our public safety or whether we have a government

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Discover Financial Services has blocked customers from making donations on a Christian crowdfunding site that was raising money for accused Kenosha gunman Kyle Rittenhouse, a report said.

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GiveSendGo has raised more than $380,000 for the 17-year-old, who has been receiving support in some conservative circles who claim he acted in self-defense when he fatally shot two protesters with an AR-15 style rifle during a chaotic night following the shooting of Jacob Blake.

The credit card company, in emails to Forbes, said the action was taken for operating regulation violations.The violation wasn’t explained.

JUVENILE ARRESTED IN DEADLY SHOOTING DURING KENOSHA UNREST, ILLINOIS POLICE SAY

“We regularly review merchants for operating regulations violations; turning off merchants for violations is a typical process for us, but one we don’t make public,” 

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American Water (NYSE: AWK), the nation’s largest publicly traded water and wastewater utility company, announced today it was awarded the 2020 Secretary of Defense Employer Support Freedom Award (Freedom Award) by the Department of Defense’s Employer Support of the Guard and Reserve (ESGR) Program. The Freedom Award is the highest recognition given by the U.S. government to employers for their support of employees serving in the National Guard and Reserve.” data-reactid=”20″American Water (NYSE: AWK), the nation’s largest publicly traded water and wastewater utility company, announced today it was awarded the 2020 Secretary of Defense Employer Support Freedom Award (Freedom Award) by the Department of Defense’s Employer Support of the Guard and Reserve (ESGR) Program. The Freedom Award is the highest recognition given by the U.S. government to employers for

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A conservative student organization at Arizona State University announced it will be donating half of all funds collected this semester to the legal defense of Kyle Rittenhouse.



a tree in front of a building: Pedestrians cross over University Ave on the campus of Arizona State University, in Tempe, Ariz. Californians, including many turned away by public universities in their own state, are flocking to four-year state and private universities in neighboring Arizona. According to Department of Education data, four of the top five schools where California freshmen go out of state are in Arizona, where the three state universities each enrolled more than 1,000 first-time freshmen from California this year


© Matt York/AP/Shutterstock
Pedestrians cross over University Ave on the campus of Arizona State University, in Tempe, Ariz. Californians, including many turned away by public universities in their own state, are flocking to four-year state and private universities in neighboring Arizona. According to Department of Education data, four of the top five schools where California freshmen go out of state are in Arizona, where the three state universities each enrolled more than 1,000 first-time freshmen from California this year

Police have named the 17-year-old Rittenhouse as a suspect in a shooting during protests in Kenosha, Wisconsin, last week that left two people dead and a third person seriously wounded.

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Rittenhouse now faces homicide charges as well as a felony charge for

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