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Small contractors could be hit hardest under planned Defense spending cuts

Small and medium-sized contractors and suppliers receive 75 percent of appropriated dollars for defense or military programs. But these small businesses, who lack the lobbying power of top- tier defense contractors, may suffer more from sequestration than big companies.

Tags: Defense , defense spending , defense contractor , defense contracting , budget , acquisition , Iraq , sequestration , Lockheed Martin , Mackenzie Eaglen , AEI

Monday - 07/30/2012, 09:19pm EDT
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First quarter mixed for top defense contractors

Three of the top five U.S. defense vendors Northrop Grumman Corp., General Dynamics Corp. and Raytheon Co. had lower sales in the first quarter of 2012, a trend that may continue as the Pentagon cuts its budget, according to a new report from Bloomberg Government.

Tags: Sopen Shah , Bloomberg Government , DoD , Federal Drive , contracting , Raytheon , Lockheed Martin , General Dynamics , Northrop Grumman

Wednesday - 05/23/2012, 02:18pm EDT
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Anonymous hackers target industry supporters of cyber bill

The Hacker group Anonymous appears to be planning attacks on companies and elected officials that support certain cybersecurity legislation. So far, hackers have claimed credit for taking down the websites of Boeing, TechAmerica and USTelecom over the past few days.

Tags: cybersecurity , Cybersecurity Update , In Depth , Francis Rose , industry , TechAmerica , USTelecom ,

Wednesday - 04/11/2012, 07:12pm EDT

Boeing: Air Force tanker program on schedule

The 10-year saga of the Air Force to award a contract for new aerial refueling tankers ended a year ago. That's when Boeing got the final nod. Federal Drive gets a progress report from Boeing on the tanker program.

Tags: Air Force , DoD Update , tanker , contracting , Federal Drive , Dennis Muilenburg

Monday - 03/26/2012, 09:20am EDT
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Former aerospace company exec McDonnell dies

Sanford "Sandy" McDonnell, a former Boy Scout who went on to work on the first atomic bomb before heading aerospace behemoth McDonnell Douglas Corp., has died, according to Boeing Co., which bought McDonnell Douglas in 1997.

Tags: Sanford McDonnell ,

Wednesday - 03/21/2012, 02:52am EDT

Struggling in US, F-35 fighter pushes sales abroad

Tags: DoD , F-35 , DoD Report

Friday - 01/27/2012, 08:17am EST

Stealth bomber bright spot in DoD inventory?

A long-range stealth bomber may be the only major new program in the foreseeable future given the $490 billion the Pentagon must cut from it's budget over the next decade. The "optionally manned" aircraft will be first new bomber design since Northrop Grumman's B-2 nearly 30 years ago.

Tags: industry , acquisition , contracting , DoD , DoD Report , In Depth , Francis Rose , Northrop Grumman , Lockheed Martin ,

Monday - 01/09/2012, 03:25pm EST

Correction: Boeing-Wichita story

Tags: contracting , DoD , Air Force

Friday - 01/06/2012, 06:04pm EST

US seals $3.48B missiles, technology sale to UAE

Wary of Iran, the U.S. has been building up missile defenses of its allies, including a $1.7 billion deal to upgrade Saudi Arabia's Patriot missiles and the sale of 209 Patriot missiles to Kuwait, valued at about $900 million.

Tags: United Arab Emirates , DoD , Lockheed Martin , missiles , THAAD , Saudi Arabia , technology

Saturday - 12/31/2011, 02:22am EST
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