U.S. Pledges $500 Million in New Military Aid to the Philippines, as China Asserts Sea Claims

Screenshot 2024 08 05 At 1.25.05 PM

The Biden administration announced on Tuesday an additional $500 million of military aid to the Philippines, further bolstering the defense alliance between the two nations while the Philippine military is grappling with aggressive actions by Chinese ships in the South China Sea.

More News & Insights

Screenshot 2024 09 16 At 1.52.57 PM

BENS Member, Jared Isaacman

Polaris Dawn, the daring private mission into space led by BENS member Jared Isaacman, concluded this morning with its four astronauts safely splashing down off the coast of Florida. The…

Screenshot 2024 09 16 At 1.57.20 PM

BENS Member, Al Puchala

A non-profit best known for marketing submarine construction jobs through television ads and NASCAR races won a $951 million Navy contract, according to a Tuesday Pentagon announcement. Texas-based BlueForge Alliance…

Screenshot 2024 09 16 At 1.59.32 PM

Commerce Department Unveils a New Supply Chain Tool, Plans to Hand Out Billions in Capital

The Department of Commerce unveiled a new tool on Tuesday to help bolster our supply chains. The diagnostic tool, known as Scale, is meant to assess economic and national security concerns within supply…

Receive BENS news and insights in your inbox.