Aerospace Group:

Business/Financial

Lambert: Defense Cuts Causing Small Business To Leave Industrial Base

Friday, June 22nd, 2012

SHARE:

The Defense Department is seeing small businesses leave the industrial base because of defense spending cuts, according to a top official. “We do see some evidence, in some particular elements of the sub-tiers, that conscious decisions, from a business point of view, are to exit the industry,” Brett Lambert, deputy assistant secretary of defense for manufacturing and industrial base policy, said yesterday during panel at a Bloomberg Government defense conference in Washington. Lambert said already-established defense cuts like the $487…

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]