Defense industry executives called for more clarity regarding potential across-the-board Pentagon budget cuts yesterday, warning lawmakers that programs for jets, helicopters, and ships could be harmed. Leaders of Lockheed Martin [LMT], EADS North America, Pratt & Whitney [UTX], and Williams-Pyro told a largely receptive House Armed Services Committee (HASC) that they are anxious about their employees and weapons systems because President Barack Obama’s administration has provided scant information on how the so-called sequestration cuts could be implemented. They cited marquee…
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In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms
The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]
Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation
Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]
SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts
Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]
Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain
Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]