April 19, 2024

Weapons Programs Slowdown in DoD Budget Plan

weapons programs

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DoD Comptroller Mike McCord promised significant slowdowns in some weapons programs, specifically including the Long-Range Strike Bomber, in the Pentagon’s $584 billion budget plan for 2017-2021, reports Breaking Defense.

HuffingtonPost reports, Retired Lt. General Michael Flynn, the former head of the Defense Intelligence Agency, calls the Iraq War a tremendous blunder that helped to create ISIL.

The Washington Times reports, the major Arab powers once deemed essential to the fight against the Islamic State in Syria and Iraq have largely pulled back from the US-led military campaign, undercutting the Obama administration’s claims about the depth and reach of its coalition of regional allies.

The Air Force hires civilian defense contractors to fly MQ-9 Reaper UAVs to track targets, but not engage in combat, Military.com reports this previously undisclosed expansion of privatization of military functions.

China’s all-important factory sector is losing steam, reports CNN, with manufacturing activity slumping to a three-year low in November, as concerns grow over the second largest economy in the world.

Age discrimination in hiring is most acute for older unemployed women, older men suffer far less age discrimination, according to research from the National Bureau Of Economic Research, reports Fivethirtyeight.com.

House and Senate negotiators have struck an agreement on a $305 billion highway bill to extend transportation funding for five years, the spending was set to expire Friday, Dec. 4. The Hill reports the provisions are to be paid for with gas tax revenue and a package of $70 billion in offsets from other areas of the federal budget.

International Business Times reports, millions of Russian tourists will not be vacationing in Turkey and Russian supermarkets will soon stop carrying Turkish produce. Russia’s increased sanctions shows it largly controls the sconomic relationship  between the two states.

Bloomberg reports, Puerto Rico’s $70 billion debt crisis has led to five hearings in Congress, hours of testimony, and no consensus over how to help the Caribbean commonwealth. The fifth hearing, Tuesday, also failed to reach a decision.

 A faulty rudder system and pilot response were among a string of factors investigators found contributed to the crash last year of an Indonesian AirAsia that killed 162 aboard. The Airbus A320 crashed into the Java Sea on Dec. 28, 2014 less than halfway into a two-hour flight from Surabaya to Singapore, reports Reuters.

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