MP Materials

The US Army is investing $1.6 billion in new homeland air defense units, with the explicit purpose of better protecting civilians and civilian infrastructure. This initiative draws heavily on lessons from the war in Ukraine, Breaking Defense reports.

Senate Democrats have raised concerns over the Pentagon's rare earth mineral equity deal with MP Materials, citing questions about the legal basis and financial terms of the arrangement. The deal, valued at $400 million, aims to shore up the US supply chain for rare earth magnets.