Aerospace and Defense 2011
WASHINGTON Ten years after the United States embarked on a war against terrorism in the rubble of the September 11 attacks, the country finds itself financially exhausted and facing hard strategic choices as it grapples with new budget realities.
WASHINGTON U.S. law enforcement officials are tracking possible bribery and corruption issues involving the global aerospace industry and foreign state-owned airlines, according to legal and government sources.
WASHINGTON A squabble among arms companies over what to call the world's most advanced warplanes could roil the competition for multibillion-dollar fighter contracts worldwide.
WASHINGTON Fifty years after President Dwight Eisenhower famously warned the United States to guard against the "military-industrial complex," the reality has changed and the term is outdated, the head of a group that represents arms makers said.
CHICAGO When Boeing Co bagged a $30 billion Pentagon order for refueling tankers in February, skeptics said its budget for the program was unrealistic.
WASHINGTON Top U.S. arms makers are set to meet Defense Secretary Leon Panetta at the Pentagon next Tuesday to discuss their concerns about possible deep cuts to the Defense Department budget, the head of the industry's chief trade and lobbying group said.
BOSTON General Electric Co believes its future in the large military jet engine business depends on the fight for its alternate engine for the multinational F-35 fighter jet.
WASHINGTON U.S. military contractors are more than ever promoting the stimulative impact of their business on jobs and the economy as Congress mulls steeper cuts in defense spending to reduce the budget deficit.
WASHINGTON U.S. regulators are increasingly taking a tougher stand on foreign takeovers in the defense sector to protect technology designed to deal with the growing and unseen threats of the cyber age.
WASHINGTON Defense companies set to feel the spending ax under a recent U.S. debt deal are making urgent reviews of their strategic options -- under pressure to find ways to secure growth in an overall declining industry.
WASHINGTON The danger of collisions between satellites in space has lessened sharply thanks to better coordination with U.S. military satellite trackers, said the head of Iridium Communications Inc , which was involved in the only such mishap to have occurred so far.