By Associated Press | 11/14/13 10:02 AM
BETHESDA, Md. — Lockheed Martin is cutting 4,000 jobs, about 3.5 percent of its workforce, as the defense contractor continues to look for ways to lower costs amid reduced government spending.
By Bloomberg News | 11/12/13 09:09 AM
Pentagon contracts plunged 66 percent to $15.7 billion last month, the lowest level since January, driven by automatic U.S. spending cuts and a partial government shutdown.
By James Jay Carafano | 11/10/13 06:48 PM
Roald Dahl wrote children’s stories. Two of them—“James and the Giant Peach” and “Charlie and Chocolate Factory”—were made into big-budget Hollywood movies. Another British writer, Ian Fleming, also penned children’s books. His “Chitty-Chitty-Bang-Bang” made it to the...
By Luke Rosiak | 11/08/13 09:13 AM
It started as a plan small-government conservatives could get behind: spinning off a Department of Energy project into the private sector, where it would save the government money and prosper. Second of a three-part series.
By Tim Mak | 11/08/13 05:15 AM
Can we bank on the tank? In an age of Pentagon budget austerity, it is common to play down the need for armored, tracked vehicles.
By Michael O'Hanlon | 11/08/13 05:14 AM
We live in oxymoronic times. Everyone recognizes the need for a streamlined, more efficient Pentagon. Yet Congress won't let the Department of Defense close another base or increase the copayments military families make for their very generous health insurance plans. Continuing resolutions and...
11/07/13 10:18 AM
The nation's top military officers are warning that automatic budget cuts will compromise the armed services' ability to defend the U.S. and could cause higher casualties.
By Luke Rosiak | 11/07/13 05:21 AM
A chronically failing nuclear energy company using a technique one-twentieth as efficient as its competitors' has wrangled billions of dollars in cash, materials and research from the Department of Energy in deals that dwarf the Solyndra loan scandal. First of a three-part series.
By Paul Bedard | 11/05/13 03:06 PM
Facing another wave of massive spending cuts, Defense Secretary Chuck Hagel on Tuesday suggested cutting troop readiness to save money, but warned that it would give the commander in chief “fewer options” to protect the country. Having already cut $37 billion due to the so-called spending...
By Associated Press | 11/04/13 09:21 AM
AIR FORCE ACADEMY, Colo. — The Air Force's top general wants Congress to grant him the authority to trim the ranks to cope with $1 trillion in Pentagon budget cuts over a decade.
By Philip Klein | 12/05/13
By Richard Pollock | 12/06/13
By Michael Barone | 12/06/13
By Timothy P. Carney | 11/26/13
By Susan Crabtree | 12/06/13