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December 2012

Sunday, December 16, 2012
Government News

Washington Post

Boehner offers debt-ceiling increase in cliff compromise

House 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, 2012
Government News

Federal News Radio

Sequestration worse than thought, Pentagon frets

When 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, 2012
Government News

USA Today

Obama, Boehner trade new fiscal cliff offers

President 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, 2012
Government News, Top Stories

Flying Magazine

Groups Warn Fiscal Cliff Could Impact Aviation

With 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, 2012
Government News

Defense News

U.S. Senators: 'A Lot' of Progress on Defense Authorization Bill

Lawmakers working on a final version of the 2013 Pentagon policy bill could finish the legislation as soon as Wednesday. See more

Monday, December 10, 2012
Government News, Top Stories

Politico

Cuts looming, no answer in sight for sequestration

The defense industry tried its hardest to energize voters - and Congress hasn't undone sequestration. See more

Thursday, December 6, 2012
Government News

Bloomberg

Defense Industry Cuts Exceed 500,000 Workers Over Cliff

John Lutz is following the debate in Washington over the so-called fiscal cliff with more than academic interest. See more

Wednesday, December 5, 2012
Government News

Defense News

Pentagon Begins Planning for Sequestration

The 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, 2012
Government News

Aviation Week

Defense Industry CEOs Acknowledge Inevitability Of Additional Pentagon Cuts

In 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, 2012
Government News

Bloomberg

Senate Passes $631 Billion U.S. Defense Legislation

The 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, 2012
Government News

Reuters

Senate unanimously passes defense spending bill

The 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, 2012
Government News, Top Stories

Reuters TV

Hundreds of jobs to go if sequester ax falls - Pratt & Whitney's Hess

Engine 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, 2012
Government News

CNBC

Defense Sequestration Is 'Irrational': Pratt & Whitney CEO

The 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, 2012
Government News, Top Stories

Bloomberg

Defense Industry CEOs on Fiscal Cliff, Security

David 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, 2012
Government News

AOL Defense

Defense Execs Say Deeper DoD Budget Cuts, Higher Taxes OK

Top executives from four major defense and aerospace firms sent a message to Congress and the Obama administration today. See more

November 2012

Thursday, November 29, 2012
Government News

The Hill

White House threatens veto of defense bill

The 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, 2012
Government News

Flight International

Top Pentagon official believes sequestration can be averted

The 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, 2012
Government News

Foreign Policy

Sequester Shadow Play: The Epilogue

Still 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, 2012
Government News

Air Force Times

Senate still working out plans for defense bill

The 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, 2012
Government News

The Hill

Dems, GOP signal room for compromise ahead of 'fiscal cliff' talks

As 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, 2012
Government News

Hartford Courant

Fiscal Cliff Negotiations Injecting Uncertainty Into State's Defense Industry

The 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, 2012
Government News

The Atlantic

How to Cut the Military Budget Without Touching Defense

These 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, 2012
Government News

Politico

Defense industry cautiously upbeat on sequester

So 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, 2012
Government News

Fox News

Defense cuts now taking backseat in budget negotiations

The 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, 2012
Government News

Defense News

Sequestration Or Not, U.S. Firms, DoD Will Take a Hit

Even 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, 2012
Government News

Defense News

Report: DoD Could Save Billions With New Military Strategy

The 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, 2012
Government News

DOD Buzz

Pentagon unveils latest acquisition crusade

The 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, 2012
Government News

Politico

Report: Obama considers Kerry to take over DoD

If 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, 2012
Government News

Washington Post

Obama considering John Kerry for job of defense secretary

President 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, 2012
Government News

Federal News Radio

Next few weeks critical to defining Defense Department in second Obama term

In some ways, a second Obama term is likely to mean some degree of continuity in the Defense Department. See more

Thursday, November 8, 2012
Government News

Politico

DOD wants Congress to face cost squeeze

No 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, 2012
Government News

Reuters

Pentagon arms buyer sees deal by Congress to delay spending cuts

The 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, 2012
Government News

Politico

Report: Sequestration may not come to pass

The major shock waves from sequestration are avoidable - at least for the first few weeks. See more

Thursday, November 1, 2012
Government News

Defense News

Odierno Outlines Combat, Budget Strategies

Critics 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 2012

Thursday, October 25, 2012
Government News

Politico

W.H.: Sequester talks after election

President 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, 2012
Government News, Top Stories

Washington 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, 2012
Military Aviation, Government News

Executive Gov

Report: Frank Kendall Memo Seeks Industry Help in Shaping Post-F35 Era

Defense 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, 2012
Military Aviation, Government News, Top Stories

Reuters

Budget fears cast shadow over U.S. Army trade show

Continued uncertainty about future U.S. military budgets cast a shadow over this year's big U.S. Army trade show. See more

September 2012

Thursday, September 13, 2012
Government News

Politico

Industry details losses of looming cuts

America'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, 2012
Government News

Government Executive

Lawmakers scramble to stop sequestration

Lawmakers are busy trying to delay or avoid altogether the threat of across-the-board budget cuts early in 2013. See more

Wednesday, September 12, 2012
Government News

Defense News

White House Issues Veto Threat Of Sequestration Bill

The 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, 2012
Government News

Defense News

McCain To Obama: Call White House Sequestration Summit

The 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, 2012
Government News

The Hill

Defense contractors hesitate over issuing layoff notices before election

The 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 2012

Saturday, June 23, 2012
Government News

DefenseNews

Pentagon Tests New Way Of Estimating Program Costs

The 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, 2012
Government News

The Hill

FAA chief Michael Huerta makes case for confirmation

Interim 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, 2012
Government News

Bloomberg

McCain Says Revenue Increase Possible to Stop Defense Cut

Senator 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, 2012
Government News

The Hill

McKeon: Time to punt on defense cuts

House 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