December 3, 2016

First-Quarter GDP Preview Positive

money

But growth fails to offset sequestration uncertainty in military budgets.

Pentagon Looks to Cut 5 to 6 Percent of Workforce

dollar cut

New defense budget calls for civilian jobs cuts and base closures.

Behold Lockheed’s Sea Ghost

Sea Ghost

Lockheed debuts images of its competitor to Northrop Grumman’s X-47B.

Expect Layoffs if Congress Can’t Budget Right

capitol hill winter

DoD will be forced to cut its workforce if the FY-14 budget grows beyond the limits of sequestration.

Pax River Graduates a Dozen Systems Engineers

systems engineer grads 2013

Capt. Ted Mills to step down and retire.

No Furloughs for 2014, but Job Cuts Possible

budget axe

The Pentagon has ruled out furloughing civilian employees in 2014, but it has not ruled out job cuts.

F-35B Successfully Releases an AIM-120 Missile

F-35B JSF AIM-120 release

Pax River’s Joint Strike Fighter test team continues to make testing progress.

White House Wants Another $100 Billion in Defense Cuts

White House

Obama would offset sequestration in other areas by cutting the Pentagon.

DoD to Begin Issuing Furlough Notices this Week

Pentagon aerial

Meanwhile, a fight over the MEADS missile program stalls a continuing budget resolution in Congress.

Senate Struggles to Prevent Shutdown Before Break

capitol hill

A continuing resolution bill is still winding its way through as Congress prepares to leave for two weeks.