January 20, 2026
Are Defense Firms Showering Their Shareholders with Too Much Money?
In early January, President Donald Trump signed an executive order threatening bans on defense contractors paying dividends or buying their stock back. CNAS program director Stacie Pettyjohn joined NPR to discuss the Trump Administration’s frustrations with the weapons supply chain and whether this reflects the state tightening its grip on the industry that arms the U.S. military.
Listen to the full podcast on NPR.
More from CNAS
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Munitions Procurement and the Fiscal Year 2027 Defense Budget
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Executive Summary The war with Iran has taken a tremendous toll on the American military’s munitions stockpile. Over half its inventory of high-end missile interceptors has be...
By Carlton Haelig
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How to Avoid Disaster in the Next Iran War
Commentary
Should full-scale fighting resume against a reconstituted Iran in the near term, coalition forces will run out of Patriot, THAAD, and Standard Missile interceptors in days, no...
By Stacie Pettyjohn & Philip Sheers
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Sea Drones a Taiwan Game Changer
Commentary
This article was originally published in the Taipei Times. China prefers to win without firing a shot in its bid to strangle Taiwan’s strategic autonomy. Chinese military str...
By Trey Meeks
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We Go High, We Go Low
Podcast
Missiles and drones (slow missiles) put the bang in airpower. But given how many we used in Iran, what would U.S. magazines have to look like to, say, defend Taiwan from the C...
By Stacie Pettyjohn & Philip Sheers
