April 24, 2024

Boeing’s P-8 Poseidon Contract Grows by $100 Million

Military, federal retirees and Social Security recipients will receive a COLA increase in January.

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Drones Now World’s Weapon of Choice

They’ve changed the way we go to war.

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JSF Scrutinized; Red Tape Is Cut for Aircraft Exports

As the JSF undergoes increasing cost surveillance and accountability studies at home, the White House is making foreign weapon sales easier.

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Contractors Play Defense to Preserve Profits

Defense firms use multiple tactics to protect their bottom lines as shifts in funding and wish lists force rebalancing.

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Triton Sensor Matures; Internet Reaches the Moon

MQ-4C Triton

It’s all about surveillance, cybersecurity and learning to thrive in a virtual world; the Navy is among the leaders.

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Large Contractors: Profits Up, Sales & Lobbying Down

Large defense firms fared better than small firms in the first round of sequestration and small companies are urged to raise their visibility as analysts predict budget contractions will continue.

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Furloughed Get Full Benefits; Defense Stocks Up, for Now

X-47B UCAS-D in hangar

The stock of the X-47B is climbing. This month it became the first Navy program or product to snag one of Popular Mechanics’ Breakthrough Awards.

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Pentagon to Examine JSF Costs, Pessimistic about Budget Fix

F-35C JSF formation

Reeling with productivity losses from the shutdown and facing another sequestration hit, the Pentagon continues with plans to sell $10.8 billion in munitions to Persian Gulf allies.

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Obama Signs Bill to End Looming Fiscal Crisis

Congress passed and Obama has signed a bill to finally clear the way to reopen government and avoid default.

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Senators Hopeful; Seek Sequester Flexibility

As Senate leaders near an agreement to avert a debt crisis and re-open government, House Speaker John Boehner continues fighting for a GOP bill but fails to win the support he needs from Republican conservatives.

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