"To accelerate current weapons development timelines, DARPA is considering an alternative development paradigm to increase the nation's magazine depth and breadth."
Giulio Douhet proposed a revolution in warfare, stating that victory would come from large-scale aerial bombardments targeting civilians and infrastructure rather than just combatants.
The Pentagon has dismissed the report, stating that neither Hegseth nor any of his representatives approached BlackRock about any such investment. Pentagon chief spokesperson Sean Parnell called the report 'entirely false and fabricated,' demanding a retraction from the Financial Times.
The U.S. military has fired more than 850 Tomahawk cruise missiles in four weeks of war with Iran, burning through the precision weapons at a rate that has alarmed some Pentagon officials.