Budget

HUNTINGTON BEACH, Calif.–Boeing [BA] is finishing up a critical program in its Family of Advanced Beyond Line-of-Sight Terminals (FAB-T) testing and is also preparing for another important test in the […]

The Navy is eliminating, downgrading or merging dozens of admiral posts to save money at a time of shrinking budgets and the imposition of automatic sequestration cuts, the service said, […]

The Air Force is preparing to discontinue operations of its legacy Space Fence, known as the Air Force Space Surveillance System (AFSSS), despite previously pushing back the contract award for […]

An Air Force nuclear missile wing received an “unsatisfactory” rating after making “tactical-level” errors during one of several exercises, the service said yesterday in a statement. The Air Force Global […]

Kuwait became the sixth and latest nation to procure Lockheed Martin’s [LMT] Patriot Advanced Capability-3 (PAC-3) missile segment program as the company last month was awarded a $308 million Army […]

The Air Force blamed a chafed electrical wire for causing an F-22 fighter jet to crash Nov. 15 at Tyndall AFB, Fla., according to the service’s accident investigation board (AIB) […]

Senate Armed Services Committee (SASC) Chairman Carl Levin (D-Mich.) said he is working on a plan to close tax loopholes to reduce sequestration budget cuts. Levin told members of the […]

The Air Force successfully launched its sixth Wideband Global Satcom satellite (WGS-6) Wednesday at 8:29 p.m. EST from Cape Canaveral Air Force Station, Fla. The Boeing– [BA] developed satellite will […]

A key Aerojet Rocketdyne executive is optimistic about his business unit and company not only maintaining through sequestration-related federal budget cuts, but even growing. “We see growth in all areas […]

A key House panel recommends the Air Force add eight MQ-9 Reapers to its fiscal year 2014 budget request as the panel is not happy with the service’s plan for […]