Wed, 23 Mar 2011 17:22:34 EDTWASHINGTON -- Stretched thin by two wars, the U.S. military is spending upward of $1 billion in an international assault to destroy Libyan leader Moammar Gadhafi's air defenses and save rebels from likely defeat, according to analysts and a rough calculation of the military operation so far.
Wed, 23 Mar 2011 16:40:15 EDT-- A Boeing executive said on Wednesday that the Air Force will get the tanker it ordered - and no more.
Mon, 21 Mar 2011 10:18:00 EDTInternal oversight of Defense Logistics Agency activity falls short.
Sun, 20 Mar 2011 21:35:01 EDTThe offers follow the release of an Obama administration policy urging agencies to avoid building satellites from scratch.
Fri, 18 Mar 2011 14:38:00 EDTA Pentagon audit has found that the federal government overpaid a billionaire oilman by as much as $200 million on several military contracts worth nearly $2.7 billion.
Fri, 18 Mar 2011 09:22:51 EDTMOSCOW -- President Dmitry Medvedev said Friday that Russia will spend the equivalent of $700 billion by 2020 to modernize the military's aging arsenals, but sternly warned arms industries against jacking up prices.
Thu, 17 Mar 2011 10:04:00 EDTTreating every airport passenger as a potential terrorist slows the security system and deters some people from flying, according to a new report.
Wed, 16 Mar 2011 23:29:03 EDTDaniel R. Bannister was president and chief executive of DynCorp from 1985 to 1997.
Wed, 16 Mar 2011 10:31:00 EDTAmong government workers, one group enjoys lifetime health benefits virtually unmatched in the United States: military retirees.
Tue, 15 Mar 2011 12:58:01 EDTAmong government workers, one group enjoys lifetime health benefits virtually unmatched in the United States: military retirees.
Tue, 15 Mar 2011 09:32:01 EDTLOS ANGELES - Defense contractor Northrop Grumman Corp. said Tuesday its board has approved the expected spin-off of its shipbuilding business to stockholders, following nearly a year of mulling alternatives for the struggling unit.
Mon, 14 Mar 2011 21:40:15 EDTTOBRUK, Libya -- Moammar Gadhafi's warplanes, artillery and mortar shells can control huge swaths of territory by day, including oil ports, rebel supply routes and even hostile towns. Rebels say anti-government forces can still return in darkness to take advantage of Gadhafi's own thin supply lines...
Mon, 14 Mar 2011 16:24:01 EDTTOBRUK, Libya - Moammar Gadhafi's warplanes, artillery and mortar shells can control huge swaths of territory by day, including oil ports, rebel supply routes and even hostile towns. Rebels say anti-government forces can still return in darkness to take advantage of Gadhafi's own thin supply lines a
Sun, 13 Mar 2011 23:44:02 EDTThe Air Force's decision late last month to award the long-contested, $35 billion aerial refueling tanker program to Boeing ended a competition that had been fraught with controversy. But analysts say the decision may have sent another message to the contracting community: The government isn't ne...
Sun, 13 Mar 2011 13:15:55 EDTLONDON -- British-based defense contractor BAE Systems PLC bribed Saudi officials in return for lucrative arms deals in Saudi Arabia, according to a newly released secret U.S. diplomatic cable.
Sat, 12 Mar 2011 14:44:01 ESTAs the Pentagon seeks to trim spending, there are some programs Congress believes the military can't do without. Among them: cancer research.
Fri, 11 Mar 2011 17:00:58 ESTWASHINGTON -- The U.S. government approved $40 billion in worldwide private arms sales in 2009, including more than $7 billion to Mideast and North African nations that are struggling with political upheaval, the State Department reported.
Fri, 11 Mar 2011 00:25:00 ESTMarch 11 (Bloomberg) -- Patent protection for stem-cell research methods that involve cells from human embryos breaches European Union law, an adviser to the region's highest court said in a non-binding opinion yesterday.
Thu, 10 Mar 2011 16:11:13 ESTHARTFORD, Conn. -- United Technologies Corp. on Thursday raised the lower end of its profit guidance for 2011, saying businesses such as elevators, commercial plane spare parts and heating and air conditioning systems are doing well in the economic recovery.
Wed, 09 Mar 2011 16:53:38 ESTWASHINGTON -- The fighting in Libya has disrupted a sensitive U.S. government program to keep about 700 former nuclear and chemical weapons experts busy on civilian projects in the medical and petroleum industries there and prevent them from selling their dangerous knowledge in other countries, The...
Wed, 09 Mar 2011 07:58:11 ESTMUNICH -- European aerospace giant EADS NV revealed Wednesday that lower charges for delayed programs such as its A400M military transport plane helped it return to profit in the fourth quarter.
Wed, 09 Mar 2011 06:29:53 ESTHONG KONG -- Cathay Pacific Airways is ordering 27 new Airbus and Boeing jets to expand services after profit tripled last year to a record.
Wed, 09 Mar 2011 02:06:44 ESTHONG KONG -- Cathay Pacific Airways is ordering 27 new Airbus and Boeing jets to expand services, especially in Asia, and says profit tripled last year to a record.
Mon, 07 Mar 2011 00:00:00 ESTSunEdison of Beltsville; AECOM Energy/Solar Power Partners of Mill Valley, Calif.; Chevron Energy Solutions of San Francisco; SunPower of Richmond, Calif.; and SunDurance Energy of South Plainfield, N.J., won a $25 million contract from the Navy for the purchase of renewable electrical power.
Sun, 06 Mar 2011 22:02:00 ESTDefense contractor Boeing is bolstering its Washington area operations by finalizing plans for two new office complexes, in Crystal City and Germantown, where it will collectively move nearly 1,000 employees.
Fri, 04 Mar 2011 11:27:02 ESTAs she waited for her flight from Seattle-Tacoma International Airport to Medford, Ore., last month, Linda Morrison noticed something unusual in the waiting area.
Wed, 02 Mar 2011 00:18:00 ESTU.S. defense leaders expressed caution Tuesday about military intervention in Libya, warning that enforcement of a no-fly zone would require scarce air assets, domestic political approval and international authorization.
Mon, 28 Feb 2011 00:00:00 ESTDRS Technical Services of Herndon won a $12.1 million contract from the Army to provide 10,000 VHF handheld radios, 10,000 VHF handheld radio accessories, 5,000 VHF mobile radios and 5,000 VHF mobile radio accessories.
Sun, 27 Feb 2011 00:00:00 ESTThe potential effects of reducing funding for PBS, the U.S. Institute of Peace, census funding and more.
Fri, 25 Feb 2011 00:42:00 ESTThe Pentagon awarded Boeing a $35 billion contract Thursday for a new-generation aerial refueling tanker, after a decade-long battle between the U.S.-based aircraft manufacturer and Europe's largest aerospace company.
Thu, 24 Feb 2011 21:01:01 ESTABU DHABI, UNITED ARAB EMIRATES - As Libya's Moammar Gaddafi ordered attacks on his own people this week, thousands of arms sellers from the United States and other countries hawked their aircraft, riot gear and rifles to Middle Eastern buyers at the Persian Gulf's preeminent arms show.