Congress
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Congress
Panetta Cautiously Welcomes Sequestration Delay
Defense Secretary Leon Panetta yesterday welcomed legislation temporarily delaying sequestration, but warned that Congress “cannot continue to just kick the can down the road” and must act to create a […]
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Business/Financial
Moog Acquires Avionics Company Broad Reach
Moog Inc. [MOG.A] yesterday said it has acquired Broad Reach Engineering Co., a designer and manufacturer of spaceflight electronics and software for aerospace, scientific and military missions. The purchase price […]
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Congress
Congress Passes 2-Month Sequestration Delay
The House voted 257 to 167 late on Jan. 1 to avert some of the so-called fiscal cliff, in part by delaying for two months sequestration budget cuts to the […]
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Congress
Defense Bill Wants DoD Strategy For Next-Generation Cyber Security Capabilities
The Defense Department must develop a strategy to acquire the next-generation of host-based cyber security tools to help it overcome existing challenges and limitations, according to direction in the House […]
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Congress
Congress Passes DoD Policy Bill
The House and Senate passed the final version of Pentagon policy legislation the week before Christmas, sending it to President Barack Obama’s desk. The fiscal year 2013 defense authorization bill, […]
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Congress
Young Keeps HAC-D Chair, After Waiver
House Republicans voted Dec. 31 to grant Rep. C.W. “Bill” Young (R-Fla.) special permission to remain chairman of the powerful House Appropriations Defense subcommittee (HAC-D). Though Young has steered the […]
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Congress
Markey Introduces Privacy Bill For Domestic UAS Use
Rep. Ed Markey (D-Mass.) this week introduced legislation aimed at making more transparent the domestic operations of unmanned aircraft systems and protecting the privacy of individuals when it comes to […]
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Congress
Congress Moves To Relax Commercial Satellite Export Controls
Congress moved Tuesday to relax stringent commercial satellite export control laws by returning to the president the authority to determine appropriate requirements after years of military-level oversight. The compromise fiscal […]
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Business/Financial
DoD Bill Limits Cost-Type Contracts
Congress is putting the final touches on legislation that would limit the Pentagon’s ability to award cost-type contracts to defense companies. The measure, in the final House-Senate defense authorization bill […]
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Congress
Mikulski Expects To Be Next Senate Appropriations Chair
Sen. Barbara Mikulski (D-Md.) said she expects to succeed the late Sen. Daniel Inouye (D-Hawaii) as chair of the powerful budget-dictation Senate Appropriations Committee (SAC). “It’s an honor and a […]