Hegseth warns contractors on rising costs during shipyard visit

Hegseth warns contractors on rising costs during shipyard visit

Defense Secretary Pete Hegseth spoke to shipbuilders in Newport News, VA today, reiterating a tough message he delivered to defense companies months ago and emphasizing the coming crackdown on contractor cost overruns. “This is not the same old reform that is always talked about in Washington,” Hegseth said today at a Huntington Ingalls Industries facility. “I've made it crystal clear to the entire defense industry -- which I didn't come from, a…