August Cole
Stories by August Cole
This time it’s different. For more than a year, defense companies have taken measured steps to prepare for defense spending budget cuts. Many pruned corporate spending, sending fewer executives to foreign air shows. Some, like Lockheed Martin Corp., even offered sweeping buyouts. Others even sold off headache-causing businesses, as Northrop Grumman Corp. did by spinning…
By August Cole
This time it’s different. For more than a year, defense companies have taken measured steps to prepare for defense spending budget cuts. Many pruned corporate spending, sending fewer executives to foreign air shows. Some, like Lockheed Martin Corp., even offered sweeping buyouts. Others even sold off headache-causing businesses, as Northrop Grumman Corp. did by spinning…
By August Cole
New Obama Strategy Looks Misguided, Predictable, Underwhelming
Elections, as President Barack Obama knows, are a time of big ideas. So it would seem fitting that Defense Secretary Leon Panetta will roll out a new Pentagon national defense strategy just a few days into a make-or-break election year for the White House. [Panetta is expected to formally unveil the new strategy tomorrow and…
By August Cole