 INDUSTRY TRENDSMay 2013Sunday, May 19, 2013Government NewsDefense News DoD Examines 3 Budget-Cut ScenariosSenior US Defense Department officials are expected to present three budget-cutting scenarios to the defense secretary when they wrap up a wide-ranging review of military strategy at the end of this month, according to sources. See more Wednesday, May 15, 2013Government NewsDefense News US House Democrats: Defense Sequester Hurting EconomyPentagon spending reductions are hurting the US economy more than other spending cuts mandated under sequestration, say House Democrats, who appear poised to inject such effects into the 2014 midterm election narrative. See more Tuesday, May 14, 2013Government NewsThe Hill Hagel announces Pentagon furloughsThe Pentagon announced Tuesday that it will furlough more than three-quarters of its 800,000 civilian employees for 11 days to fulfill the automatic budget cuts under sequestration. See more Monday, May 13, 2013Government NewsWashington Post U.S. automatic cuts send Pentagon contract awards down 52 percentPentagon contracts tumbled 52 percent in April from a month earlier as across-the-board federal budget cuts took hold. See more Friday, May 3, 2013Government NewsThe Hill Sens. want Hagel to detail sequester cutsThe heads of the Senate Armed Services Committee are asking Defense Secretary Chuck Hagel to spell out how the Pentagon would cut $52 billion from its 2014 budget under sequestration. See more Wednesday, May 1, 2013Government NewsReuters Pentagon prepares to ask Congress for break from 'sequester'The Pentagon is preparing to ask Congress soon for more authority to shift funds to cope with automatic spending cuts, confronting lawmakers with another exception to the "sequester" just days after they gave a break to the flying public and the airline industry. See more April 2013Friday, April 26, 2013Government NewsNational Public Radio FAA Expected To Gain Flexibility On Budget CutsThe Senate has passed a bill to give the Department of Transportation more flexibility in how it makes the mandatory cuts of the sequester. Hundreds of flights were delayed this week after the FAA furloughed air traffic controllers, setting off a political storm. See more Thursday, April 11, 2013Government NewsDoD Buzz Air Force seeks budget boost, more F-35sThe U.S. Air Force in its 2014 budget request seeks to buy more F-35 fighter jets, restock its inventory of precision munitions and slightly thin the ranks of active-duty airmen. See more Friday, April 5, 2013Government NewsNew York Times Obama Budget Reviving Offer of Compromise With CutsPresident Obama next week will take the political risk of formally proposing cuts to Social Security and Medicare in his annual budget in an effort to demonstrate his willingness to compromise with Republicans and revive prospects for a long-term deficit-reduction deal, administration officials say. See more Thursday, April 4, 2013Government NewsWashington Post Hagel warns of deep, new cuts to defense budgetDefense Secretary Chuck Hagel told the Pentagon on Wednesday to brace for further cuts in defense spending and said the military needs to make fundamental changes in the way it operates to cope with new fiscal realities. See more Monday, April 1, 2013Government NewsAviation International News Sequestration and Aviation: Tower Closures Just the BeginningThe FAA lowered the boom on airports serving mainly GA, business and regional airline traffic, announcing on March 22 that it will close 149 ATC contract towers as part of its effort to slash spending by more than $600 million in the current fiscal year under the federal government's "sequester" mandate. See more March 2013Thursday, March 28, 2013Government NewsThe Day Defense manufacturers still nervous about the futureFresh from a Wednesday visit to Sikorsky Aircraft Corp. and Pratt & Whitney, Murphy said EB and Sikorsky are protected a bit by their multi-year contracts. See more Tuesday, March 26, 2013Government NewsThe Hill Obama signs funding bill, avoiding shutdownPresident Obama on Tuesday signed the continuing resolution that will keep the government funded through the end of the fiscal year, averting a government shutdown. See more Sunday, March 24, 2013Government NewsWashington Post As Obama signs sequestration cuts, his economic goals are at riskWith his signature this week, President Obama will lock into place deep spending cuts that threaten to undermine his second-term economic vision just four months after he won reelection. See more Thursday, March 21, 2013Government NewsDefense News Averting Government Shutdown, House Quickly OKs Senate's CRMoving at rocket speed after the U.S. Senate on Wednesday afternoon sent over a $982 billion continuing spending resolution with a full-year Pentagon spending bill, the House passed it Thursday morning. See more Wednesday, March 20, 2013Government NewsDefense News New WH Plan Would Cut $100B From DefenseThe White House is preparing to submit a fiscal 2014 federal budget that would partially offset across-the-board sequestration cuts by reducing the Pentagon budget by $100 billion, but not until later this decade, according to a senior defense official and budget documents. See more Tuesday, March 19, 2013Government NewsDefense News CBO Report: Prepare for Years of Defense CutsThe U.S. Defense Department should be prepared for budget cuts every year through 2021 to remain within the spending caps set by the 2011 Budget Control Act, the nonpartisan Congressional Budget Office (CBO) warns in a new report. See more Monday, March 18, 2013Government NewsDefense News DoD Reviewing Strategy in Wake of Budget CutsThe Pentagon has launched a new military strategy review that will examine how planned U.S. defense spending reductions will impact future Defense Department operations. See more Tuesday, March 12, 2013Government NewsDefense News Senators: Unclear Whether 'Grand Bargain' Would Undo SequestrationAs President Barack Obama kicked off a three-day Capitol Hill charm offensive lobbying blitz to prod lawmakers to act on budgetary and other matters, some veteran lawmakers say an eventual fiscal grand bargain might not totally undo sequestration. See more Thursday, March 7, 2013Government NewsWashington Post House votes to avert shutdown as Obama looks for big dealThe House took its first step to avert a government shutdown as President Obama began a series of rare meetings with Republican lawmakers on Wednesday, reviving chances for a long-term deal to reduce the federal deficit. See more February 2013Thursday, February 28, 2013Government NewsDefense News Midnight Triggers SequesterA half-trillion-dollar cut to planned Pentagon spending will be triggered the instant Thursday becomes Friday on the East Coast. See more Tuesday, February 26, 2013Government NewsPolitico With Republican ally, Obama blasts Congress on sequestrationPresident Barack Obama used a backdrop of a shipbuilding plant, factory workers and the local Republican congressman in his latest attempt to increase pressure on Congress to bend on the sequester cuts. See more Monday, February 25, 2013Government NewsDefense News DoD Unlikely To Get Budget-Cutting AuthorityWith a deadline for avoiding defense spending cuts closing in, there is no effort underway on Capitol Hill to give Pentagon officials the authority to decide what gets trimmed, congressional aides say, despite calls from some quarters to give the Defense Department that authority. See more Wednesday, February 20, 2013Government NewsThe Hill Democrats demand Boehner call the House back to deal with sequesterHouse Democrats on Wednesday amplified their calls for Congress to return to Washington and work to prevent across-the-board sequester cuts poised to hit in nine days. See more Tuesday, February 19, 2013Government NewsDefense News Obama Urges Congressional Action To Avoid SequesterPresident Barack Obama on Tuesday said "Congress must act" to avoid pending automatic defense and domestic spending cuts, and slammed congressional Republicans for being too unwilling to compromise. See more Friday, February 15, 2013Government NewsNew York Times Senate Democrats Offer a Proposal to Head Off Automatic CutsSenate Democratic leaders reached agreement Thursday on a $110 billion mix of tax increases and spending cuts to head off automatic spending cuts through the end of the year. See more Tuesday, February 12, 2013Government NewsUS News and World Report Senate Armed Service Committee Grapples With Sequestration RealityTop defense-minded lawmakers on Capitol Hill agree the more than $46 billion in automatic budget cuts scheduled to hit the Pentagon over the next seven months would have "devastating effects" on the military's ability to prepare for future and current conflicts. See more Monday, February 11, 2013Government NewsThe Hill Senate Dems aim to have sequester bill ready by ThursdaySenate Democrats are aiming to produce a bill to replace the sequester by Thursday, according to Democratic aides. See more Monday, February 11, 2013Government NewsRoll Call Unusual Allies Fight Sequester CutsDefense industry insiders joined with advocates for public health, research universities and other sectors that rely on federal funds Monday to issue a combined call to stop the upcoming sequester cuts. See more Friday, February 8, 2013Government NewsRoll Call Defense, Other Sectors Band Together To Fight SequesterSignaling new momentum in the defense industry's fight against automatic spending cuts, a broad coalition that includes university, military, public health and science groups will announce its plans to fend off the looming sequester. See more Wednesday, February 6, 2013Government NewsReuters White House, defense firms discuss automatic spending cutsSenior White House officials met with chief executives from top defense contractors on Wednesday to discuss the impact to their businesses of deep automatic federal spending cuts slated to take effect on March 1, White House spokesman Jay Carney told reporters. See more Wednesday, February 6, 2013Government NewsNew York Times Obama Urges Congress to Act to Stave Off CutsPresident Obama on Tuesday called on Congress to quickly pass a new package of limited spending cuts and tax increases to head off substantial across-the-board reductions to domestic and military spending set to begin on March 1, but his appeal for more revenue was dismissed by Republicans. See more Monday, February 4, 2013Government NewsRoll Call Defense Industry Braces for Sequester While Publicly Urging Alternatives to CutsThe Aerospace Industries Association, which has waged a two-year campaign to fight automatic defense cuts imposed by Congress, plans to add staff to its lobbying and communications divisions and is ramping up its messaging with fewer than four weeks before the ax is set to fall. See more Saturday, February 2, 2013Government NewsDefense News Military to Send Sequestration Plans to Obama This WeekBy the end of this week, the Pentagon must submit its plans to the White House for how it will deal with automatic defense spending cuts set to kick in March 1, according to defense sources. See more Friday, February 1, 2013Government NewsReuters Defense industry in late surge to stop spending cutsAn anxious U.S. defense industry has launched a new push to galvanize lawmakers who are doing little to stop the massive federal spending cuts due to kick in on March 1. See more Friday, February 1, 2013Government NewsNew York Times Congress Passes Debt Bill as a $1 Trillion Ax LoomsThe Senate gave final approval on Thursday to legislation suspending the statutory debt ceiling until May, officially turning Congress's attention to the next budget showdown: $1 trillion in across-the-board military and domestic spending cuts set to begin on March 1. See more January 2013Thursday, January 31, 2013Government NewsReuters No sense of crisis in Congress as automatic cuts loom againBig automatic cuts in federal spending are fast approaching again, alarming the defense sector but generating little activity in Congress to avoid them. See more Wednesday, January 30, 2013Government NewsWashington Post Deep spending cuts are likely, lawmakers say, with no deal on sequester in sightLess than a month after averting one fiscal crisis, Washington began bracing Tuesday for another, as lawmakers in both parties predicted that deep, across-the-board spending cuts would probably hit the Pentagon and other federal agencies on March 1. See more Sunday, January 27, 2013Government NewsStars and Stripes Debt deal may increase risk of sequestrationThe federal debt limit extension deal passed by House Republicans last week assures that the federal government will not default on its loans through mid-May. But that might not be good news for Pentagon officials gearing up for the next showdown: sequestration. See more Friday, January 25, 2013Government NewsNational Defense Magazine Analysts: Washington Will Continue to Punt Big Decisions on Defense SpendingCongress and the president have five weeks to decide how much to cut the defense budget. But pressure on the Defense Department to reduce spending will persist much further into the future, analysts warn. See more Thursday, January 24, 2013Government NewsPolitico Next up: Sequester, budget resolutionNow that the debt ceiling fight has been delayed until May, the next big fiscal drama deadline is March 1, when the spending cuts of the sequester take effect. See more Wednesday, January 23, 2013Government NewsDefense News Sequestration Talks Closer To Separation From Debt Ceiling FightThe U.S. House on Jan. 23 easily approved a measure that would separate talks on avoiding pending defense cuts from a likely raucous political debate about raising the nation's borrowing limit. See more Sunday, January 20, 2013Government NewsDefense News U.S. Services Detail Fiscal Crisis ImpactAs the tentacles of a fiscal calamity tighten, U.S. military leaders last week directed their staffs to begin cutbacks immediately and stand by for deeper cuts should the worst come to pass. See more Monday, January 14, 2013Government NewsReuters White House delays 2014 budget after "fiscal cliff" standoffThe White House will delay submission of its budget proposal to Congress for fiscal year 2014 because of the protracted fight over the "fiscal cliff," according to an official in President Barack Obama's budget office. See more Monday, January 14, 2013Government NewsFederal News Radio Air Force's sequestration hit would mean less of everythingThe Air Force is mapping out ways to cut out everything but the basics as it draws up plans for how it would handle sequestration. See more Thursday, January 10, 2013Government NewsStars and Stripes Panetta to services: 'Prepare for the worst' on budget cutsThe secretary of defense has asked the services to immediately cut spending to offset the impact of possible sequestration in March. See more Wednesday, January 9, 2013Government NewsAOL Defense Why Sequestration May Be The Least Worst CaseA year ago, the automatic budget cuts known as sequestration looked like the nightmare scenario. See more Wednesday, January 9, 2013Government NewsFederal News Radio Congress revises DoD's sequestration starting pointHaving been granted a brief reprieve from automatic budget cuts, Pentagon planners are crunching a new set of numbers. See more Monday, January 7, 2013Government NewsWashington Post Contractors quietly optimistic following sequestration delayWhile the two-month delay in planned federal spending cuts that Congress approved last week provides short-term relief for government contractors, many companies said the move does little more than maintain the uncertainty that has plagued them for months. See more Sunday, January 6, 2013Government NewsThe Hill Defense industry fears sequester delay won't stop Pentagon cutsThe defense industry is worried last week's budget deal on taxes could damage its negotiating position for the next "fiscal cliff" deadline two months from now, when across-the-board spending cuts would take effect. See more Thursday, January 3, 2013Government News, Top StoriesLexington Institute Did The Defense Industry's Campaign Against Sequestration Work?Over the last two weeks, several reporters have asked me why I thought the defense industry's efforts to head off sequestration had not succeeded. See more Thursday, January 3, 2013Government NewsDefense News President Signs Sequestration Delay, Pentagon Policy BillA vacationing President Obama has signed the controversial measure that delays pending cuts to projected Pentagon spending and the 2013 military policy bill, the White House said. See more Wednesday, January 2, 2013Government NewsReuters Budget deal leaves U.S. defense sector in limboPentagon officials and weapons makers on Wednesday expressed relief after Congress approved a two-month delay in huge budget cuts, but warned that a longer-term fiscal solution is urgently needed to lift the uncertainty hanging over the sector. See more Wednesday, January 2, 2013Government NewsAviation Week Congress Approves Bill to Delay SequestrationU.S. lawmakers at the eleventh hour approved a deal that will delay across-the-board budget cuts until March 1. See more Tuesday, January 1, 2013Government News, Top StoriesDefense News 'Fiscal Cliff' Bill Sets March Sequestration DatesAfter Pentagon and industry officials remove the cellophane from their 2013 calendars, they should circle two dates in red: March 1 and March 27. See more December 2012Sunday, December 16, 2012Government NewsWashington Post Boehner offers debt-ceiling increase in cliff compromiseHouse Speaker John A. Boehner has offered to push any fight over the federal debt limit off for a year, a concession that would deprive Republicans of leverage in the budget battle but is breathing new life into stalled talks over the year-end "fiscal cliff." See more Thursday, December 13, 2012Government NewsFederal News Radio Sequestration worse than thought, Pentagon fretsWhen it comes to describing the consequences of sequestration on national security, Defense leaders haven't held back on strong adjectives over the past year. See more Wednesday, December 12, 2012Government NewsUSA Today Obama, Boehner trade new fiscal cliff offersPresident Obama and House Speaker John Boehner, R-Ohio, have exchanged new proposals to avert the year-end "fiscal cliff," but agreement on a final deal that can pass Congress remains elusive with less than three weeks remaining to reach an accord. See more Tuesday, December 11, 2012Government News, Top StoriesFlying Magazine Groups Warn Fiscal Cliff Could Impact AviationWith the clock ticking to avoid a year-end fiscal cliff, aviation leaders are warning that sharp cuts in the federal budget could have a long-lasting ripple effect through the aviation community. See more Tuesday, December 11, 2012Government NewsDefense News U.S. Senators: 'A Lot' of Progress on Defense Authorization BillLawmakers working on a final version of the 2013 Pentagon policy bill could finish the legislation as soon as Wednesday. See more Monday, December 10, 2012Government News, Top StoriesPolitico Cuts looming, no answer in sight for sequestrationThe defense industry tried its hardest to energize voters - and Congress hasn't undone sequestration. See more Thursday, December 6, 2012Government NewsBloomberg Defense Industry Cuts Exceed 500,000 Workers Over CliffJohn Lutz is following the debate in Washington over the so-called fiscal cliff with more than academic interest. See more Wednesday, December 5, 2012Government NewsDefense News Pentagon Begins Planning for SequestrationThe Pentagon has officially begun planning for how it would carry out the first $50 billion across-the-board spending cut as part of the 10-year, $500 billion sequestration cuts set to take effect Jan. 2. See more Tuesday, December 4, 2012Government NewsAviation Week Defense Industry CEOs Acknowledge Inevitability Of Additional Pentagon CutsIn reiterating their call to White House and congressional leaders to prevent steep budget cuts from taking place in January, defense executives are now publicly acknowledging that additional defense spending reductions and tax increases will have to be part of the solution. See more Tuesday, December 4, 2012Government NewsBloomberg Senate Passes $631 Billion U.S. Defense LegislationThe Senate passed unanimously a measure authorizing $631.4 billion for U.S. defense programs this fiscal year that sticks to President Barack Obama's proposed spending total while drawing a veto threat with its policy provisions. See more Tuesday, December 4, 2012Government NewsReuters Senate unanimously passes defense spending billThe Senate voted 98-0 on Tuesday to approve a wide-ranging defense bill that authorizes $631.4 billion in funding for the military, the war in Afghanistan and nuclear weapons. See more Tuesday, December 4, 2012Government News, Top StoriesReuters TV Hundreds of jobs to go if sequester ax falls - Pratt & Whitney's HessEngine maker Pratt & Whitney's president David Hess tells Reuters his firm, a unit of UTC, would see substantial job losses if Congress goes over the ''fiscal cliff'', triggering deep defense cuts on January 1. See more Monday, December 3, 2012Government NewsCNBC Defense Sequestration Is 'Irrational': Pratt & Whitney CEOThe across-the-board defense cuts that are part of the looming "fiscal cliff" of spending cuts and tax increases would unnecessarily jeopardize national security, David Hess, president of United Technologies' Pratt & Whitney, told CNBC's "Street Signs" on Monday. See more Monday, December 3, 2012Government News, Top StoriesBloomberg Defense Industry CEOs on Fiscal Cliff, SecurityDavid Hess, president of United Technologies Corp.'s Pratt & Whitney unit speaks about U.S. defense spending, the potential impact of automatic budget cuts on the economy and national security, and the outlook for the industry. See more Monday, December 3, 2012Government NewsAOL Defense Defense Execs Say Deeper DoD Budget Cuts, Higher Taxes OKTop executives from four major defense and aerospace firms sent a message to Congress and the Obama administration today. See more November 2012Thursday, November 29, 2012Government NewsThe Hill White House threatens veto of defense billThe veto threat in the Obama administration's Statement of Administration Policy (SAP) released Thursday is not as strong as the one made during last year's bill that led to a drawn-out fight over indefinite detention provisions. See more Wednesday, November 28, 2012Government NewsFlight International Top Pentagon official believes sequestration can be avertedThe Pentagon's top procurement official is confident that the Congressional sequestration manoeuvre mandated by the Budget Control Act can be averted before it goes into effect on 2 January, 2013. See more Wednesday, November 28, 2012Government NewsForeign Policy Sequester Shadow Play: The EpilogueStill girded for battle, defense industry chief executives such as Wes Bush, CEO of Northrop Grumman, and David Hess, president of Pratt & Whitney, will make their case against defense cuts on December 3 at the National Press Club. See more Monday, November 26, 2012Government NewsAir Force Times Senate still working out plans for defense billThe Senate will not have full-blown floor debate on the 2013 defense authorization bill unless an agreement is reached this week on how to handle amendments, Senate Majority Leader Harry Reid, D-Nev., said Monday as Congress returned from a Thanksgiving break. See more Monday, November 26, 2012Government NewsThe Hill Dems, GOP signal room for compromise ahead of 'fiscal cliff' talksAs they return to Washington this week, lawmakers from both parties are talking compromise to avoid the impending "fiscal cliff," showing a willingness to put once inviolable positions on the negotiating table. See more Wednesday, November 21, 2012Government NewsHartford Courant Fiscal Cliff Negotiations Injecting Uncertainty Into State's Defense IndustryThe state's defense contractors are closely watching negotiations in Washington as the nation approaches the fiscal cliff, but many say the uncertainty about possible cuts have left them unable to plan properly for what might come next. See more Wednesday, November 21, 2012Government NewsThe Atlantic How to Cut the Military Budget Without Touching DefenseThese endeavors are all financed by the Department of Defense's $629 billion annual budget, in what one senator depicts as a spending free-for-all that adds to the federal deficit while diverting resources from genuine military needs. See more Tuesday, November 20, 2012Government NewsPolitico Defense industry cautiously upbeat on sequesterSo far, this fall's lame-duck congressional session has been stuffed with sensationalism, but defense insiders are confident that a defense authorization bill and sequestration won't fall by the wayside. See more Sunday, November 18, 2012Government NewsFox News Defense cuts now taking backseat in budget negotiationsThe dire warnings that major defense cuts next month will eliminate thousands of U.S. jobs and create other economic problems have practically disappeared from eleventh-hour discussions in Washington on how to avert the cutbacks. See more Sunday, November 18, 2012Government NewsDefense News Sequestration Or Not, U.S. Firms, DoD Will Take a HitEven if the U.S. Congress is able to hammer out a debt deal that avoids sequestration in January, the resulting agreement will likely result in billions of dollars in additional cuts to the Defense Department. See more Thursday, November 15, 2012Government NewsDefense News Report: DoD Could Save Billions With New Military StrategyThe U.S. Defense Department could save hundreds of billions of dollars if it revamps its military strategy and makes its forces more expeditionary, according to a new think tank report. See more Wednesday, November 14, 2012Government NewsDOD Buzz Pentagon unveils latest acquisition crusadeThe Pentagon's top acquisition official is fed up with how long it takes the military to develop vehicles, weapons and equipment. See more Tuesday, November 13, 2012Government NewsPolitico Report: Obama considers Kerry to take over DoDIf President Barack Obama asked John Kerry to become secretary of defense for his second term, he would bring a seasoned foreign policy hand into the Cabinet but a major question mark into the Pentagon. See more Monday, November 12, 2012Government NewsWashington Post Obama considering John Kerry for job of defense secretaryPresident Obama is considering asking Sen. John F. Kerry (D-Mass.) to serve as his next defense secretary, part of an extensive rearrangement of his national security team that will include a permanent replacement for former CIA director David H. Petraeus. See more Friday, November 9, 2012Government NewsFederal News Radio Next few weeks critical to defining Defense Department in second Obama termIn some ways, a second Obama term is likely to mean some degree of continuity in the Defense Department. See more Thursday, November 8, 2012Government NewsPolitico DOD wants Congress to face cost squeezeNo matter what happens in the lame-duck session of Congress as a newly reelected Barack Obama begins to negotiate with Republicans about sequestration, the Pentagon has a whole other set of politically difficult hurdles waiting just around the bend. See more Monday, November 5, 2012Government NewsReuters Pentagon arms buyer sees deal by Congress to delay spending cutsThe Pentagon's top arms buyer on Monday said he expected U.S. lawmakers to agree in coming weeks to delay implementation of an additional $500 billion in automatic defense spending cuts that are due to start taking effect in January. See more Monday, November 5, 2012Government NewsPolitico Report: Sequestration may not come to passThe major shock waves from sequestration are avoidable - at least for the first few weeks. See more Thursday, November 1, 2012Government NewsDefense News Odierno Outlines Combat, Budget StrategiesCritics of tax credits for wind energy projects are intensifying their push to kill the incentive with a study that calls it "rent seeking" by an established industry that doesn't need the subsidy. See more October 2012Thursday, October 25, 2012Government NewsPolitico W.H.: Sequester talks after electionPresident Barack Obama wants to get into negotiations to resolve sequestration and the fiscal cliff "right after the election," a senior White House adviser told reporters on Wednesday. See more Wednesday, October 24, 2012Government News, Top StoriesWashington Post Defense contractors report mixed results as they gird for 'fiscal cliff'The nation's largest defense contractors reported mixed financial results Wednesday as the companies continue to take steps to safeguard against possible federal budget cuts associated with the "fiscal cliff." See more Tuesday, October 23, 2012Military Aviation, Government NewsExecutive Gov Report: Frank Kendall Memo Seeks Industry Help in Shaping Post-F35 EraDefense Acquisition Undersecretary Frank Kendall sent a memo to industry seeking ideas on how to prepare for the next era of military aviation after the retirement of both the F-35 and F-22 fighters, Bloomberg reports. See more Monday, October 22, 2012Military Aviation, Government News, Top StoriesReuters Budget fears cast shadow over U.S. Army trade showContinued uncertainty about future U.S. military budgets cast a shadow over this year's big U.S. Army trade show. See more September 2012Thursday, September 13, 2012Government NewsPolitico Industry details losses of looming cutsAmerica's corporate defense giants have wailed for months about the prospect of what they see as devastating across-the-board spending cuts. See more Thursday, September 13, 2012Government NewsGovernment Executive Lawmakers scramble to stop sequestrationLawmakers are busy trying to delay or avoid altogether the threat of across-the-board budget cuts early in 2013. See more Wednesday, September 12, 2012Government NewsDefense News White House Issues Veto Threat Of Sequestration BillThe White House on Sept. 12 issued a sharp veto threat of a bill tailored to avoid Pentagon budget cuts slated to take effect in January. See more Tuesday, September 11, 2012Government NewsDefense News McCain To Obama: Call White House Sequestration SummitThe top Republican on the U.S. Senate Armed Services Committee wants the president to call lawmakers to the White House for talks on avoiding deep defense and other federal spending cuts. See more Sunday, September 9, 2012Government NewsThe Hill Defense contractors hesitate over issuing layoff notices before electionThe major defense contractors are keeping their cards close to the vest on whether to issue mass layoff notices prior to the November elections. See more June 2012Saturday, June 23, 2012Government NewsDefenseNews Pentagon Tests New Way Of Estimating Program CostsThe Pentagon is putting its new weapons cost-cutting strategy to its first big test as it negotiates with Lockheed Martin over the price of the next batch of F-35 Joint Strike Fighters (JSF). See more Friday, June 22, 2012Government NewsThe Hill FAA chief Michael Huerta makes case for confirmationInterim Federal Aviation Administration chief Michael Huerta is making his case Thursday for a full term atop the national aviation agency. See more Thursday, June 21, 2012Government NewsBloomberg McCain Says Revenue Increase Possible to Stop Defense CutSenator John McCain, the senior Republican on the Senate Armed Services Committee, said a revenue increase may be possible to avoid the threat of automatic cuts known as sequestration. See more Thursday, June 21, 2012Government NewsThe Hill McKeon: Time to punt on defense cutsHouse Armed Services Chairman Buck McKeon (R-Calif.) on Thursday said Congress isn't "mature enough" to reach a deal to reverse automatic defense cuts, and suggested Congress should "kick it down the road" to resolve uncertainty. See more |
