March 28, 2024

Sequstration Could Be a ‘Disaster’ for Maryland

capitol hill

Congress is talking about fixing sequestration, but, so far, just talking.

Defense Stocks Fall on Obama Re-election

Barack Obama

Raython, L-3, Lockheed and Northrop take a beating on the Street.

Gate 3 Closure Snarls Lexington Park Traffic

stop sign

Commissioners complain to base commander, who points to budget reductions by Washington.

Hoyer, Dems Call for Congress to Stay in Town

capitol hill

House Democrats urge the GOP leadership to cancel the Congressional recess and deal with sequestration.

Obama Threatens Veto of Bill Preventing Defense Cuts

White House

White House says the GOP bill is unconstitutional and does not spread the pain of budget cuts equally.

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.

Navy Putting $50 Million into Small Business Funding

money

Rapid Innovation Fund provides up to $3 million for small projects.

Raytheon Announces Hornet-Launched Jammer Drone

MALD

MALD confuses enemy air defenses by duplicating the combat flight profiles and signatures of U.S. and allied aircraft.

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.

Dems Want New Revenue to Replace Defense Cuts

capitol hill

Sen. Harry Reid says Republicans need to agree to more taxes to pay for defense spending.