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Business/Financial

Pending Defense Request Hits Boeing Hardest, Analysts Say

DDN

Wednesday, April 8th, 2009

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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,…

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]