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 that has exasperated Republican lawmakers. President Barack Obama’s Office of Management and Budget (OMB) late last Friday reaffirmed July guidance from the Labor Department saying it would be inappropriate for government contractors to issue layoff warnings in line with the Worker Adjustment and Retraining Notification] WARN Act. That law requires…
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House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]
Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’
While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]
Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus
Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]
Space Force PAE For Infrastructure Completing Move To Colorado Springs
U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]