Boeing Wins $20B Contract for Newest Fighter Jet
The US Air Force is moving forward with the world’s first sixth-generation fighter jet. Boeing has been awarded the $20 billion contract for the new aircraft, the F-47.
Morning Coffee: Human Toll of Military Layoffs
Job-security concerns may compound pressures already producing record behavioral and physical health issues.
Defense Spending Bill Winds Toward House Floor
Republican leadership struggles to keep spending bill on track with NSA surveillance funds intact and without restrictions regarding actions in Egypt or Syria.
First-Quarter GDP Preview Positive
But growth fails to offset sequestration uncertainty in military budgets.
Hope Fading for Sequestration Deal in March
One representative says he doesn’t think Congress is capable of a deal.
All DoD Workers Could Be Furloughed Under Latest Plan
Virtually all civilian defense employees would be furloughed if Congress doesn’t resolve sequestration by March.
Lawyers Advise Contractors to Issue Layoff Notices
A labor law firm is advising federal contractors to issue WARN notices in advance of the March sequestration fight.
Government Workers Could Face the First Job Cuts
Sequestration is likely to cost DoD jobs before it impacts contractors, analysts say.
Lockheed Lays Off 740
Job reductions hit the sensor unit, including 75 in the DC area, as defense giant tightens up.
