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What will be the first major acquisition project announced by Michael Duffey by June 30, 2025?
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Donald Trump•Stephen Feinberg•Feinberg•Cerberus Capital Management•Trump•Elbridge Colby•Policy•Michael Duffey•Acquisition•America First•Colby•Ukraine•China•Pete Hegseth
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Official announcements from the U.S. Department of Defense or major news outlets
Story
Trump Appoints Stephen Feinberg of Cerberus as Deputy Secretary of Defense and Elbridge Colby for Policy, Supporting Pete Hegseth
Dec 23, 2024, 12:41 AM
President-elect Donald Trump has appointed billionaire investor Stephen Feinberg as Deputy Secretary of Defense. Feinberg, co-founder of Cerberus Capital Management, is known for managing a $65 billion asset portfolio. Alongside Feinberg, Trump has nominated Elbridge Colby as Under Secretary of Defense for Policy and Michael Duffey as Under Secretary of Defense for Acquisition. The appointments are part of Trump's strategy to assemble a defense team focused on an 'America First' policy, with emphasis on national security and military readiness. Colby is recognized for his advocacy of prioritizing U.S. interests and has previously warned against ongoing military engagements, particularly in Ukraine, while focusing on deterrence against China. The full slate of nominees is expected to support incoming Secretary of Defense Pete Hegseth in addressing current global security challenges.
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