Congress
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Business/FinancialMcCain, Graham To Industry: Ignore Admin, Issue Layoff Warnings
Sens. John McCain (R-Ariz.) and Lindsey Graham (R-S.C.) want Lockheed Martin [LMT] and other defense contractors to ignore the White House’s guidance and instead notify employees about potential layoffs spurred […]
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Business/Financial
Rogers: New Cyber Threat May Spur Legislative Action
Lawmakers have been told about a seemingly new threat to U.S. computer networks that is so pressing it may prompt the House and Senate to agree to pass stalled cybersecurity […]
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Air ForceCarter: DoD Shielding Systems Needed In Asia Region From Cuts
A Pentagon leader emphasized yesterday the administration’s desire to shield from budget cuts weapon systems the military will use as it shifts focus to the Asia-Pacific region–including undersea, unmanned, and […]
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CongressNSA Sees Success With Acquisitions As Hill Eyes Reforms
The National Security Agency (NSA) believes it has found an approach to acquiring information technology (IT) that strikes an appropriate balance with industry, a senior official said. NSA Deputy Director […]
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Congress
Collins Opposes Potential Executive Order For Cyber Security
Sen. Susan Collins (R-Maine), one of the leading voices in Congress for comprehensive cyber security legislation to improve the protection of the nation’s private critical infrastructure, said yesterday that she […]
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Air Force
Pentagon Names Deputy For JSF Program
The Pentagon yesterday named a new deputy program executive officer for the Joint Strike Fighter, as a new team to oversee the most expensive weapons program in the building’s history […]
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Congress
GOP Frustrated Lockheed Won’t Warn Of Potential Layoffs
Top Pentagon contractor Lockheed Martin [LMT] said yesterday it will not send employees warnings about potential layoffs resulting from “sequestration” cuts to the defense budget, pointing to White House guidance […]
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Congress
Obama Hasn’t Seen Cyber Executive Order Yet
President Barack Obama hasn’t seen a draft executive order intended to improve the cybersecurity of critical private networks, the head of the Department of Homeland Security (DHS) said last Friday, […]
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Business/Financial
EU Wants $12 Billion In U.S. Sanctions Over Boeing Subsidy Spat
The European Union (EU) asked the World Trade Organization (WTO) yesterday for permission to slap the United States with $12 billion in annual trade sanctions because the organization found this […]
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Business/Financial
Panetta: I’ll Take Any Sequestration Deal From Congress
Defense Secretary Leon Panetta said yesterday he’d “take whatever the hell deal” lawmakers can come up with to delay or prevent so-called sequestration budget cuts. The $500 billion in decade-long […]