The U.S. defense budget is approaching $1 trillion. About half is going to defense contractors, who have a history of overcharging the Pentagon and fleecing American taxpayers. Raytheon recently agreed to pay $950 million to resolve investigations concerning defective pricing, foreign bribery and export control schemes. I look forward to working with the Department of Government Efficiency (DOGE) to reduce waste and fraud at the Pentagon. Consolidation in the defense industry has allowed companies to drive up prices. The price of stinger missiles has increased from $25,000 in 1991 to $480,000 today. One reason is that Raytheon became the sole supplier and can drive up costs. We should make defense contracting more competitive, helping small and medium-sized businesses to compete for Defense Department projects. We can do this by reducing massive sole-source contracts that only specific large companies can fulfill, breaking up major acquisitions into smaller programs, and improving funding and administrative support to help companies cross the "valley of death" between research and product commercialization. The Defense Department also needs better acquisition oversight. Defense contractors have gotten away with overcharging the Pentagon and ripping off taxpayers for too long. DOGE should provide recommendations for systems to better manage government spending and acquisition.