March 29, 2024

Maryland in Top 5 States to Lose under Defense Cuts

job cut scissors

Center for Security Policy says Maryland stands to lose $1.4 to $2.8 billion under sequestration defense cuts.

Sequester Could Bring ‘Devastating Recession’ to Region

capitol hill

Region gets 20 percent of Federal payroll dollars.

Jobs, Pensions on the Line with Sequestration

job cut scissors

Defense industry may issue layoff warnings and terminate pensions in advance of next year’s cuts.

X-47B Begins Deck Handling Trials

X-47B UCAS-D in hangar

Attack drone is scheduled for carriers trials next year.

Morning Coffee: Contractors Report Healthy Earnings

capitol hill

Defense Industry spending on lobbying remained flat for the first half of the year.

Washington Locked in Sequestration Frustration

capitol hill

Two million jobs could be on the line as Congress faces down the sequestration deadline this week.

Defense Firms Look Abroad for Profits

SH-60B Seahawk

Brazil, China, India and Turkey seen as growth markets.

Virginia Beach F/A-18 Crash Due to Dual Engine Failure

f-18 hornet afterburner

The right engine stalled, and the left afterburner failed to ignite.

State Law Holds Up Eastern Shore Wind Turbines

wind turbine farm

New state law protecting Pax River’s radar ranges puts brakes on Eastern Shore wind power project.

Lockheed Threatens Mass Layoffs Before Election

F-35 JSF assembly line

Defense giant wants Congress to resolve debt dispute and stop automatic defense cuts.