Congress
-
Business/FinancialAnalysts Say Czech Republic, Poland Betrayed If Obama Abandons European Missile Shield; U.S. Friendship To Be Seen Worthless
If Iran Gets Nuclear Weapons And ICBM, It Will ‘Go Nuts’ With Aggressive Acts, Not Fearing Any U.S. Or Israeli Response If the United States abandons plans to erect a […]
-
Business/FinancialObama Should Use Stimulus Funds To Bolster Defense Procurement, Creating Jobs
Extending Raptor Production Would Save Existing Jobs, Swiftly Aid Ailing Economy CBO Report: Federal Spending Would Boost U.S. Economy More Than Reducing Taxes Yet another case has been made for […]
-
CongressChina Seen Continuing 12 To 18 Percent Annual Defense Spending Increases: Analyst
China likely will continue its explosive 12 to 18 percent increase in military spending, an analyst said. The Asian giant can well afford such outlays, with a national debt equivalent […]
-
Business/FinancialIndustry Group Proposes Defense Acquisition Reform
The Aerospace Industries Association (AIA) has proposed an outline of changes to the defense procurement system. That system has drawn criticism from lawmakers in Congress, who cite giant increases in […]
-
Business/FinancialBoeing Garners $250 Million Missile Defense Contract For Ground-based Midcourse System
The Missile Defense Agency gave The Boeing Co. [BA] a $250 million contract for continued work on the Ground-based Midcourse Defense (GMD) system, the company announced. That one-year pact covers […]
-
CongressLynn Confirmation Heads To Full Senate
By Emelie Rutherford The Senate Armed Services Committee (SASC) approved late yesterday afternoon President Obama’s nomination of Raytheon [RTN] executive William Lynn to be deputy defense secretary. Lynn’s confirmation could […]
-
Air ForceSenate Rejects Adding DoD Weapon Funds To Stimulus
By Emelie Rutherford The Senate frowned on Republican attempts to add weapon-system spending to the massive economic-stimulus bill the chamber worked to pass last night. Sen. James Inhofe (R-Okla.) failed […]
-
ArmyBrogan: Marines "Aggressively" Working M-ATV, One Final Vendor Desired
By Emelie Rutherford The Marine Corps is "aggressively" working on plans to quickly purchase an under-development breed of all-terrain mine-resistant vehicles for troops in Afghanistan in response to an urgent […]
-
CongressHouse Approves Homeland Security Bills
The House this week approved several bills dealing with homeland security, including a measure authorizing the Office of Bombing Prevention and another creating an Appeals and Redress Office to assist […]
-
CongressPentagon: Next Base Budget Request May Not Include All War Funding
By Emelie Rutherford A Defense Department spokesman acknowledged yesterday that the next defense budget will not be as large as a proposal crafted last year at the Pentagon, and suggested […]