Ramaswamy Argues to Shift Defense Spending Toward New Technology

The second Trump administration should shift investments at the Pentagon in favor of emerging technologies such as drones and hypersonic missiles, according to Vivek Ramaswamy, the former presidential candidate who has been tapped along with Elon Musk to cut wasteful spending.

Rather than the prevailing “lazy debate” about defense budgets, the appropriate question is “are we deploying the right kind of federal spending?” Ramaswamy told the Aspen Security Forum in Washington on Wednesday. He said defense spending should be evaluated by the return on investment for taxpayers.

“If you look at how much we’re actually spending on drones or ...