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04 7th, 2009|
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.
Apr
6
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.
Apr
6
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.
Feb
26
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.
Feb
25
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.
Feb
18
(Reuters)
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Jan
29
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.
Jan
5
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.