Morning Coffee: Contractors Report Healthy Earnings
Morning Coffee is a robust blend of links to news around the Internet concerning the Pax River economic community. The opinions expressed here do not necessarily reflect those of the Leader’s owners or staff.
The Hill reports that defense contractors’ lobbying spending remained flat for the first half of the year, despite the impending threat of sequestration. The Motley Fool reports that Lockheed and Boeing are doing just fine, despite sequestration. Aviation Week reports that Raytheon is raising its earnings forecast, and Boeing is holding up. Meanwhile, the Pentagon outlines four sequestration scenarios, according to Defense News.
The Senate introduces its defense spending bill amid talk of a continuing resolution (paywall), Defense Daily reports.
Lockheed wades into the UCLASS competition with its Sea Ghost concept, FlightGlobal reports.
Washington Technology has a two-part strategy for getting value out of data center consolidation.
Wired publishes the Navy’s criticism of the magazine’s investigation into biofuel purchases.
FlightGlobal has the first look at what may serve as China’s carrier-based airborne early warning and control aircraft. Meanwhile, China is expanding its garrison in the South China Sea, according to Time.