AP – Defense contractor Lockheed Martin Corp. reported an 18 percent drop in first-quarter earnings, part of mixed results Wednesday from some of the Pentagon’s biggest weapons suppliers. Read the rest of this entry »
Reuters – The United States and Brazil may sign a new agreement as early as Monday meant to bolster military ties, despite tensions over Iran and signs a U.S. firm might lose a major Brazilian defense contract. Read the rest of this entry »
AP – A Defense Department official is under investigation for hiring private contractors to gather intelligence on suspected insurgents in Afghanistan and Pakistan, The New York Times reported Sunday. Read the rest of this entry »
AP – The chairman of the House oversight committee has told Defense Secretary Robert Gates he’s upset that defense giant KBR Inc. was awarded a contract potentially worth $2.8 billion for work in Iraq. Read the rest of this entry »
AP – It’s time to repeal the military’s “don’t ask, don’t tell” policy and allow gay troops to serve openly for the first time in history, the nation’s top defense officials declared Tuesday, with the chairman of the Joint Chiefs of Staff proclaiming that service members should not be forced to “lie about who they are.” Read the rest of this entry »
AP – Defense Secretary Robert Gates is urging Congress to approve the Obama administration’s $768.2 billion Pentagon budget request, saying America needs “a broad portfolio of military capabilities.” Read the rest of this entry »
AP – The Senate cleared its year-end plate of some must-do work Saturday as it passed a critical budget bill that blends money for the Pentagon with additional help for the jobless. Read the rest of this entry »