From the Smoke Pit - 2 June 2025

The only "AI Takeover" I'll permit in the Defense Sector is Firewatch.
Alright, enough of the BS - Let's smoke straight to the butt of these headlines.
๐ผ POLITICS
Dutch NATO Calculations Reveal Major Defense Spending Hurdles for Europe Amid Rising Tensions with Russia - The Netherlands estimates that meeting NATO's new capability targets will cost โฌ16-19 billion annually, raising defense spending from 2% to 3.5% of GDP. The targets focus on enhancing military capabilities amid Russian threats. Neighboring countries face similar budget challenges, raising concerns about sustainable defense spending across Europe.
DOGE Takes the Helm: Pentagon Contracts Under New Scrutiny for Efficiency - The Pentagon's Department of Government Efficiency will now assess most unclassified contracts before awards, aiming to enhance government efficiency. This initiative, praised for potential savings, faces criticism for its impact on foreign aid and civilian workforce, as it emphasizes in-house expertise and reduces reliance on contractors, amidst an 8% workforce cut.
Veterans Unite: 31 Advocacy Groups Rally Senate to Protect 90/10 Rule from GOP Overhaul - A coalition of 31 veterans groups is urging Senate leaders to remove a provision from the Republican budget plan that would repeal the 90/10 rule. They argue it could cost taxpayers $1.6 billion and harm student veterans by allowing for-profit schools to exploit federal funding again.
๐ป CYBER
Empowering AI for Real-World Missions: The Crucial Role of Data Modernization - Data is a strategic asset, and a robust modernization approach can provide a significant advantage. AI's promises can only be fulfilled with strong, reliable data as its foundation. The time for action is now; effective data practices are crucial for achieving decision superiority in the field. The article discusses the importance of data modernization for effective artificial intelligence applications. Neil Kronimus of Maximus highlights that poor data leads to unreliable AI outcomes. Modernizing data improves integration, security, and accessibility, enhancing mission readiness and operational effectiveness, ultimately enabling AI to deliver reliable results in defense scenarios.
๐ช LAND
Anduril and Meta Join Forces to Revolutionize Army's Next-Gen Mixed-Reality Combat Gear - Anduril and Meta have partnered to compete for the U.S. Army's Soldier-Borne Mission Command competition, aiming to develop mixed-reality technologies for military use. Their collaboration focuses on leveraging advanced hardware and AI to enhance combat training and reduce costs, with a new device, Eagle Eye, as a key component.
โ๏ธ AIR
Israel Unleashes High-Power Laser Defense: A Game-Changer in Aerial Warfare - Israel's military has successfully deployed prototype laser air defense systems to intercept various aerial threats during recent conflicts. These systems, including the Iron Beam and Lite Beam, demonstrate Israel's advancements in directed energy weaponry, potentially altering regional dynamics in aerial defense and enhancing the countryโs operational capabilities.
End of an Era: U.S. Army Set to Phase Out All Turboprop Surveillance Aircraft by Year-End - The U.S. Army plans to retire its turboprop ISR aircraft by year's end, transitioning to business jet-based platforms by 2027. This move raises concerns about potential capability gaps, as the Army's future ISR capabilities, including the ME-11B HADES, are yet to be defined.
๐ฅ๏ธ SEA
Navigating the Future: EU Launches Bold Black Sea Strategy to Safeguard Post-War Ukraine - The EU announced a comprehensive security strategy for the Black Sea, creating a "Maritime Security Hub" for real-time monitoring and threat assessment. It focuses on protecting critical infrastructure, mine clearance, and improving military mobility. The strategy also seeks closer ties with non-EU countries and aims for economic growth and environmental protection.
๐ SPACE
Chinese Rocket Innovator Sepoch Achieves Milestone with Vertical Liftoff and Splashdown Test Ahead of Orbital Launch - Chinese rocket manufacturer Sepoch successfully completed its first vertical liftoff and splashdown landing, paving the way for a potential orbital launch later this year.
Northrop Grumman Invests $50 Million in Firefly's Eclipse: A New Era for Medium Launch Vehicles - Northrop Grumman is investing $50 million in Firefly Aerospace to expedite the production of the Antares 330 rocket and new Eclipse launch vehicle, aimed at supporting the Space Force's NSSL Phase 3 program. Eclipse can carry significant payloads to orbit and is expected to launch from Wallops Island by 2026.
โ MORE
Honor in Action: The Urgent Call for the Marine Corps to Award Maj. Capers the Medal of Honor - Maj. James Capers Jr., a decorated Marine, is argued to deserve the Medal of Honor due to his valorous actions in Vietnam. Despite extensive evidence supporting his case, bureaucratic hurdles and indifference prevent recognition. The urgency to rectify this perceived injustice is emphasized, highlighting leadership's role in championing deserving service members.
Shattering Silos: The DoD's Quest for a Clean Audit Beyond Compliance - Secretary of the Navy John Phelan pledged to achieve a clean audit for the Department of the Navy by 2028, emphasizing collaboration across functional communities. The audit's success hinges on breaking down internal silos, improving interoperability, and prioritizing accountability, which are essential for enhancing DoD's operational effectiveness and addressing long-standing challenges.
๐ฆ VA MORTGAGE UPDATES
The baseline for these mortgage updates are set to 30 Year Fixed Rate VA Mortgages. Interest rates can further change depending on consumer's credit report, discount points, down payments, entitlements, and more.
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