April 24, 2024

Morning Coffee: Human Toll of Military Layoffs

Job-security concerns may compound pressures already producing record behavioral and physical health issues.

US, European Defense Sales Slide, Russia’s Up

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Focus is on budgets, as U.S. defense sales slip yet again and Pentagon struggles to rein in spending.

Morning Coffee: Sikorsky’s Future Debated

SH-60B Seahawk

The future of Sikorsky, America’s leading helicopter maker, is being evaluated by its parent company.

MORNING COFFEE: COLA Cut May be Restored

Congress may act this week to restore full cost-of-living adjustments for working-age retirees forcibly retired from the military for medical reasons. Restoration may be included in the omnibus spending bill.

Full Fiscal 2014 DoD Funding Possible

A full fiscal 2014 Pentagon spending bill will be included in a compromise measure that must pass before next Tuesday night to avert a gov. shutdown.

Budget Delivers a Merry Christmas to Contractors

capitol hill winter

The bi-partisan budget bill on its way toward final approval makes big winners of big defense contractors, especially in aerospace and arms. Investors can expect a happy new year.

Northrop’s RQ-180 Drone Spied Over Area 51

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The new stealth drone may be twice the size of Lockheed Martin’s RQ-170 Sentinel drone which makes it large enough to conduct operations as an unmanned stealth bomber, although spying is likely the aircraft’s main mission.

Boehner to Senate: Pass Defense Budget Bills

The House completed work months ago, but Party quarreling in the Senate continues to hold up passage of the Pentagon spending bill. Senate leaders intend to reconsider the bill next week after returning from a two week hiatus.

Def Sec Hagel Gives Thanks to Military

Defense Secretary expresses his gratitude to military service members and their families yesterday in a Thanksgiving message.

Second MQ-8C Fire Scout Delivered to Navy

The MQ-8C Fire Scout can fly twice as long and carry three times more intelligence, surveillance and reconnaissance payloads than the current model.