Aerospace and Defense 2013
WASHINGTON The U.S. government's effort to prevent US Airways and American Airlines from merging could hurt the carriers' ability to compete on increasingly tough international routes, and that would probably mean fewer options for business travelers.
WASHINGTON, Sept 6 - The Pentagon's top weapons buyer acknowledged this week that the budget crisis in Washington is making it hard to execute reforms designed to increase competition and lower costs.
WASHINGTON Small companies that make components for everything from tanks to fighter jets and satellites are bearing the brunt of cuts in U.S. military spending with the first casualties already showing up, top U.S. industry and government officials told Reuters this week.
WASHINGTON Industry executives urged Congress to help the U.S. Federal Aviation Administration avoid the disruptive air traffic tower closures that created chaos earlier this year as the next round of sequester cuts looms in October.
WASHINGTON United Airlines plans to return cash to shareholders after paying down debt next year, and the airline is on track to hit its target of 10 percent return on capital, the chief financial officer said on Thursday.
WASHINGTON An overhaul of the U.S. air traffic control system that would help airlines navigate crowded air routes is likely to be further delayed by U.S. budget cuts, the head of the nation's chief defense and aerospace industry lobbying group said on Thursday.
WASHINGTON Having enjoyed a relatively strong summer travel season, U.S. hotels and airlines face a potential hit this autumn as the nation's defense industry and government departments rein in travel spending.
WASHINGTON The Pentagon's chief weapons buyer said he was considering funding early work on a next-generation ground combat vehicle and rotorcraft to ensure the United States maintained its edge in weapons despite steep budget cuts.
WASHINGTON The Pentagon's chief arms buyer on Wednesday said he did not expect the U.S. Navy to significantly change its plans to buy F-35 fighter jets built by Lockheed Martin Corp , despite mounting pressure on the U.S. military budget.
WASHINGTON The Pentagon would have to slash its budget by about $20 billion in fiscal 2014 from a year earlier if mandatory budget cuts remain in effect, the chief arms buyer for the U.S. military said on Wednesday, calling that an increasingly likely scenario.