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Pete Hegseth: “$75 billion in private investment from defense companies who…”

Featuring: Pete Hegseth, Secretary of Defense | National

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Pete Hegseth: 'The Flyovers Will Indeed Continue Until Morale Improves'

Published | Video Starts at 03:50

Just like the president is saying, we will not fund money, we will not fund the department the way we have in the past. In fact, so far, $75 billion in private investment from defense companies who are now investing in new plants, new equipment. new assembly lines to build the munitions of the future faster than ever possible. That's saving taxpayer dollars because the companies themselves are investing. That would never. (03:50–03:58)

CLAIM

Asserts that $75 billion in private investment is being made by defense companies.

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