Congress
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Business/FinancialDoD Budget May Be Delayed Amid Sequestration Uncertainty
The Pentagon may delay the release of its next budget request–possibly until March–as it faces potential across-the-board spending cuts that were delayed but not eliminated by a deficit deal President […]
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CongressPanetta 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/FinancialMoog 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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CongressCongress 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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CongressDefense 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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CongressCongress 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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CongressYoung 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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CongressMarkey 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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CongressCongress 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/FinancialDoD 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 […]