:

Business/Financial

Northrop Grumman CEO Says Defense Contractors Should Remain Separate From Commercial Industry

Gally Articola

Tuesday, September 17th, 2013

SHARE:

NATIONAL HARBOR, Md.--Northrop Grumman [NOC] CEO Wes Bush said yesterday the defense industry needs to stick to its knitting despite suggestions that Pentagon contractors should capitalize on commercial opportunities to supplement declining federal work. “Our industry exists for a reason,” he said. “To the extent that commercial activities would divert us from that focus is a mistake.” Northrop Grumman CEO Wes Bush. Photo: Northrop Grumman. Bush said increasing the “field of thinking” with the commercial sector is important, but that…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]