Congress

The Defense Security Cooperation Agency (DSCA) said the U.S. foreign military sales (FMS) it oversees reached $34.8 billion in Fiscal Year 2011, surpassing the $30 billion mark for the fourth […]

Lawmakers who set Pentagon policy met last night to begin reconciling House and Senate defense bills–likely addressing controversial provisions on military detainees and the F-35 Joint Strike Fighter–and hope to […]

Sen. John McCain (R-Ariz.) warned yesterday if the Pentagon does not force Lockheed Martin [LMT] to pay for a greater portion of cost overruns with the next F-35 Joint Strike […]

The General Electric [GE]-Rolls-Royce partnership developing the second F-35 Joint Strike Fighter engine said Friday they will abandon the project at the end of the year. “The GE Rolls-Royce Fighter […]

Under the threat of a budget sequestration and a push for general deficit reduction, the Defense Department is entering a period of a defense build down that will have a […]

The Pentagon and defense industry are working to ensure faulty or counterfeit parts do not make their way into the supply chain, officials said Friday, after the Senate passed legislation […]

The Senate adopted an amendment to the fiscal 2012 defense authorization bill yesterday that would place a $400,000 cap on the annual salaries earned by government defense contractors. The amendment, […]

The chairman and ranking members of a House intelligence panel on Wednesday week introduced legislation that would improve the federal government’s sharing of classified cyber threat information with approved American […]

The Senate voted to advance a $662 billion defense authorization bill yesterday for fiscal 2012, likely setting up the long-delayed legislation for final approval this week. The 88-12 vote to […]

Senate Armed Services Committee (SASC) leaders worked yesterday on clearing a package of amendments to the Pentagon policy bill for quick approval, as the chamber prepared to vote on advancing the […]