The defense-industrial base will still have ample contracting opportunities--despite the Pentagon’s shrinking budget--in areas such as cybersecurity and new innovations, analysts say. The defense industry is no doubt facing challenging times--as the March 1 start date for $500 billion in longterm Pentagon cuts nears. Still, companies that position themselves to address unavoidable threats and offer cost-saving innovations will tap pockets of growth in the military budget, panelists said last Friday at the nonpartisan Center for Strategic and International Studies (CSIS)…
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Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities
The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]
Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons
Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]
Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability
A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]