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.
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.
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.
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.
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warned the United States to guard against the "military-industrial complex," the reality has changed and the term is outdated, the head of a group that represents arms makers said.
When Boeing Co bagged a $30 billion Pentagon order for refueling tankers in February, skeptics said its budget for the program was unrealistic.
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. 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.
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.
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.
WASHINGTON (Reuters) -President Joe Biden may come under pressure on Monday to prove his much-touted interest in working with Republicans in Congress, as lawmakers return from their spring break to grapple with his $2.3 trillion proposal to improve U.S. infrastructure.