The F-35 Joint Strike Fighter Program has been delayed again and will cost at least $500 million more, according to correspondence between the Pentagon and the chairman of the Senate Armed Services Committee.
Foreign states are developing high-speed, maneuvering missiles, and the Pentagon and U.S. Pacific Command want weapons to counter them, a leading defense contractor involved in missile defense said Monday.
President Obama is the top recipient in campaign cash from the “smart gun” manufacturing industry, which stands to benefit from his executive action calling for more research into the technology.
Lockheed Martin Skunk Works is in the process of developing the Transformer TX—a military ground vehicle able to rapidly change into a helicopter-like vehicle and back again, Fox News reports.
Through lobbying, media, and public statements, the left-wing Center for American Progress (CAP) routinely used its influence to push for legislation that benefitted its major corporate donors, a Washington Free Beacon analysis has found.
In the “first ever integrated ballistic missile defense system test,” the United States’ military successfully tested three missile-defense systems over the Pacific Ocean, Lockheed Martin announced in a press release.
A delegation of American business leaders with lobbying ties to relatives of a top Obama administration adviser wrapped up a four-day tour in Egypt aimed at laying the groundwork for increased economic cooperation on Tuesday, as violent rioters stormed the U.S. Embassy in Cairo.
The last hurdles were cleared this week in a major arms deal for the sale of the F-35 Joint Strike Fighter to Israel.
Bloomberg reports that former Vice President Dick Cheney met with Senate Republicans to warn against the proposed budget cuts to the military in the so-called “sequester,” which could endanger thousands of jobs as well as America’s national security.
As Congress debates massive defense cuts, one of the globe’s biggest defense companies has slashed 740 jobs in a D.C.-based unit as part of a program aimed at reducing the company’s overhead.