fabricated

Pentagon calls report on Hegseth BlackRock defense fund bets before Iran war as ‘false and fabricated’

Mar 31, 2026, 12:20 AM ETGlobal X Defense Tech ETF (SHLD), IDEF, BLK Stock, , , , , , , By: Arundhati Sarkar, SA News Editor
South Korean Army Soldier Using Smartphones.

Im Yeongsik/iStock via Getty Images

A broker for U.S. Defense Secretary Pete Hegseth sought to make a large investment in major defense firms in the lead-up to the Iran war, according to the Financial Times. The Pentagon has dismissed the report.

The FT reported Tuesday that

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