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Aerospace and Defense 2011 Headlines

U.S. faces tough choices on defense budget

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.

Arms companies fight over fighter moniker

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.

FBI eyes possible corruption in aerospace

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.

U.S. faces tough choices on defense budget

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.

U.S. military-industrial said no longer so complex

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warned the United States to guard against the "military-industrial complex," the reality has changed and the term is outdated, the head of a group that represents arms makers said.

U.S. scrutinizes foreign defense M&A

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.

U.S. aerospace/defense stresses jobs

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.

U.S. arms makers to meet Pentagon chief

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.

Iridium says space collision risk low

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.

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