AFP – Defense Secretary Robert Gates outlined plans to “profoundly reform” US military spending, urging a scaling back of major weapons programs while boosting funds for counter-insurgency warfare. Read the rest of this entry »
AFP – US Defense Secretary Robert Gates on Monday was set to unveil a “fundamental shift” in the country’s military spending with recommended cuts in major weapons programs despite signs of stiff opposition from Congress and industry lobbyists. Read the rest of this entry »
AFP – Defense Secretary Robert Gates on Monday said his recommended military budget would “profoundly reform” military spending, calling for cuts to major weapons programs such as F-22 fighter jets. Read the rest of this entry »
AFP – Hi-tech fighter aircraft, new warships and missile defense projects are all potential targets for big cuts in the US defense budget, as the American military faces a new era of limits under President Barack Obama. Read the rest of this entry »
AFP – Hi-tech fighter aircraft, new warships and missile defense projects are all potential targets for big cuts in the US defense budget as the American military faces a new era of limits under President Barack Obama. Read the rest of this entry »
AP – Facing weaker air traffic and pressure on military budgets, Boeing Co. announced plans to cut 10,000 jobs after reporting a surprise fourth-quarter loss Wednesday. Read the rest of this entry »
AP – Russia’s cutoff of natural gas to Ukraine was forcing several European countries to dip into reserves Monday, with Moscow tightening the tap even further. Read the rest of this entry »