Feb 6

Defense cuts test lawmakers' resolve on deficits 
    (AP)

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Jan 26

Politics of defense cuts: emphasize the positive 
    (AP)

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Jan 4

Boeing to close Kan. defense plant by end of 2013 
    (AP)
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Nov 29

Medal of Honor recipient sues defense contractor 
    (AP)

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Nov 19

US budget woes could hit European missile defense 
    (AP)
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Nov 15

Panetta: Deep defense cuts mean fewer troops 
    (AP)

AP – The number of U.S. ground forces would drop to levels not seen since 1940, the Navy would drop to the smallest number of ships since 1915 and the Air Force would be the smallest ever, Defense Secretary Leon Panetta said in warning Congress of the dire implications of deeper defense cuts. Read the rest of this entry »

Oct 28

House speaker says no more defense cuts 
    (AP)

AP – Top congressional Republicans, Democrats and Defense Secretary Leon Panetta are united in a single message to the special bipartisan committee looking for ways to cut the deficit: Leave military spending alone. Read the rest of this entry »

Oct 27

Defense companies post profits, cite rising backlogs 
    (Reuters)

Reuters – Raytheon Co and L-3 Communications Holdings on Thursday reported a drop in quarterly sales, but the defense contractors cited rising backlogs as a cause for optimism in the face of falling defense budgets. Read the rest of this entry »

Oct 26

Boeing profit lifted by commercial, defense sales 
    (Reuters)

Reuters – Boeing Co posted a larger quarterly profit on Wednesday, topping analyst forecasts, on strong commercial and military sales, and the company raised its earnings forecast for the full year. Read the rest of this entry »

Oct 13

Panetta faces lawmakers on defense cuts 
    (AP)

AP – Defense Secretary Leon Panetta is urging Congress to work with him on deficit-reduction-driven cuts in military spending and warning that some lawmakers’ favored programs could be on the chopping block. Read the rest of this entry »

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