Attention, defense investors! In case you haven't heard, there's a new president in town, and he's determined to shake up the Washington, D.C. establishment, cut red tape, and reduce spending.

Defense-tech startup Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company. The company was valued at $14 billion in ...

In case you haven't heard, there's a new president in town, and he's determined to shake up the Washington, D.C. establishment, cut red tape, and reduce spending. Investors in defense stocks seem ...