Military & Defense

Here's who Biden could pick to be Lloyd Austin's deputy defense secretary

According to a report by Defense News, sources from Congress, industry and the defense community have consistently identified two individuals as likely deputy secretary contender: Frank Kendall III, a former undersecretary of defense for acquisition, technology and logistics, and Kathleen Hicks, a former Obama-era undersecretary of defense for policy and the current leader of Biden's Department of Defense review team.

How China stands to profit from the coronavirus pandemic

It has been almost a year since global health officials heard word that a new coronavirus, officially termed COVID-19, had emanated from the Chinese city of Wuhan. And while much of the world is grappling with crippled economies and the second wave of infections and deaths, analysts and economists project that Beijing is already standing to gain from the devastation long before the dust has settled.

Biden defense pick earns $350K on Raytheon’s board

If Austin is confirmed by the Senate, his appointment would continue a pattern among both Democratic and Republican presidents of choosing Cabinet members from the highest echelons of Corporate America.