Financier Philip M. Bilden was elected to the board of directors of Huntington Ingalls Industries, the shipbuilder with $7 billion in sales last year. Read More
The Senate has confirmed the Trump administration nominees for the Pentagon’s chief weapons buyer and the Secretary of the Navy, according to a statement from Sen. John McCain (R-Ariz.). Read More
A former Marine aviator and investment banker is the top pick to be the next nominee for Secretary of the Navy, three defense officials familiar with the decision confirmed to USNI News today. Read More
This post has been updated to include a statement from Secretary of Defense James Mattis and Philip Bilden.
Financier Philip Bilden has withdrawn himself from consideration to be the next Secretary of the Navy, he said in a Sunday statement. Read More
CLARIFICATION: This post has been amended to provide a more complete U.S. military service record for Philip Bilden. Bilden served in the U.S. Army Reserve as a military intelligence officer from 1986 to 1996 achieving the rank of Captain.
The Trump transition team is considering a little-known candidate for Secretary of the Navy with a background in high finance in Asia, several sources have confirmed to USNI News. Read More