By Calvin Biesecker Major weapons program recommendations released by the Pentagon this week were basically in line with expectations and the contractor hit the hardest is Boeing [BA], according to Wall Street analysts. The recommendations, unveiled by Defense Secretary Gates on Monday, also spell trouble for pure service contractors, such as CACI International [CAI], ManTech International [MANT], and SAIC [SAI], the analysts say. However, Gates' recommendations are just proposals, with "Congress to take center stage" in determining the final outcomes,…
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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 […]