PENTAGON: There are a lot of empty offices around the E-ring, the most prestigious sector of the Pentagon, where top defense officials enjoy the rare privilege of windows. But that’s about to change, a senior aide to Defense Secretary Jim Mattis told me. “There’s a bow wave of names that are very close to being […]
WASHINGTON: While the House has voted to extend the debt limit to May, the automatic federal spending cuts called sequestration still loom $90 billion large, half that bill for the Pentagon alone. Yet, as fourth quarter earnings calls begin, the defense industry and its stock values remain remarkably resilient. What gives? Or rather, what isn’t […]
New entrants are filling unmet needs in air-and-missile defense.
[UPDATED 3:30 pm on 1/8/2013 with revised CSBA estimates] WASHINGTON: The battle of the fiscal cliff is over, but the war to stop sequestration rages on – and President Obama’s decision that his new Secretary of Defense should be former Sen. Chuck Hagel, the Republican other Republicans love to hate, makes it even harder to […]