May 19, 2024

Lockheed Hits JSF Target

f-35

Despite an up and down year, Lockheed delivered 36 F-35s to the Pentagon, making its 2014 target and retaining its sterling investment reputation into the future.

Senate Passes 2015 Spending Bill

The $1.1 trillion 2015 spending bill approved by the Senate over the weekend funds most of the federal government through the next fiscal year.

Congress Agrees on Spending Bill

Lawmakers agreed on a spending bill that keeps the government funded but some Democrats now oppose the bill over modifications to a Wall Street reform law.

NDAA Deal Reduces Benefits

News on Economy

The pay and benefits cuts were backed by both the DoD and White House in an effort to slow the growth of personnel costs.

Ashton Carter Picked As Next DefSec

DefSec Budget

Ashton Carter tabbed as the next DefSec but the choice will not be immediately announced because the vetting process is not complete.

F-35 Scores Big Buy & Big Success

Superlative F-35 results from sea tests with the USS Nimitz precede a DoD award to Lockheed for 43 more JSFs for the US & 5 more countries.

Maryland UAS Test Site Gets FAA Clearance

The University of Maryland’s Unmanned Aircraft Systems (UAS) Test Site in California, MD received a Certificate of from the FAA to fly the Talon 240 UAV.

Hagel Pushes BRAC and Benefit Cuts

Mr. Hagel wants a new round of military base closures (BRAC) and to limit troop benefits to give the DoD flexibility in addressing its budget problems.

Parties Must Cooperate on DoD Budget

Pentagon Capitol

Republicans are still short on the votes required to end debate on bills such as an annual DoD budget, so the two parties must agree on difficult issues.

Young Veterans Elected to Congress

American flag

Congress will include the largest class of Iraq and Afghanistan veterans next year, although the overall number of veteran lawmakers continues to decline.