Congress

NEW YORK—Boeing’s [BA] defense arm hopes to more than double the percentage of revenues it gleans from international sales in the coming years, a top executive said yesterday. Jim Albaugh, […]

Three House committee chairmen are calling on President Barack Obama’s administration to provide more information on defense budget cuts resulting from the new federal-deficit-trimming deal, raising concerns about the implications […]

NEW YORK—Pratt & Whitney [UTX] is facing some challenges with its military-engine business as Pentagon programs including the F-22 fighter jet and C-17 cargo hauler wind down, a top executive […]

NEW YORK–With most of the members of a new deficit-cutting congressional committee named yesterday, some defense watchers predicted it will not spare the Pentagon budget substantial cuts. Six Republicans–three from […]

Defense experts continued yesterday to sort through the numbers behind the current and potential Pentagon budget cuts resulting from the federal-deficit-cutting deal President Barack Obama signed last week. With Congress […]

As the Pentagon enters a time of austerity, defense leaders said they are rethinking weapon systems plagued by cost and schedule problems and looking for a new acquisition chief with […]

The Senate on Tuesday confirmed Matthew Olsen to be director of the National Counterterrorism Center (NCTC), which integrates and analyzes all intelligence related to counterterrorism outside of the United States. […]

Defense Secretary Leon Panetta pledged yesterday to fight against significant Pentagon funding reductions in a second round of government spending cuts a new committee will weigh later this year under […]

President Barack Obama signed into law yesterday a debt-reducing bill that cleared the Senate earlier in the day despite objections of some Republicans concerned about hundreds of billions of dollars […]

The most recent baseline cost estimates prepared by the Coast Guard for its Deepwater modernization program show overall costs have jumped considerably over the past four years even though the […]