Jul 8, 2013 Monday is day one of the sequester-driven defense cuts, including a one-day a week closure of all domestic military grocery stores.
Jun 21, 2013 The Paris Air Show is one of the world’s largest aviation and defense showcases. The U.S. pavilion is always the biggest, and typically attracts an entourage of American governors and members of Congress. But in this age of budget cuts, scrutiny on the costs will be high.
Jun 20, 2013 American troops are on the way out of Afghanistan, but the Washington Post reports that much of their gear, some $7 billion worth, won't be coming home with them.
Jun 6, 2013 Overall layoffs have decreased since last year, but some industries in particular are cutting back.
May 23, 2013 Drones are a hot topic these days and the industry is heating up to potentially become big. What's the payoff and what other industries might suffer for it?
Stacey Vanek Smith
May 9, 2013 U.S. jobless claims are falling -- most recently to a pre-recession level -- but does that mean nothing more than employers are getting to the point where they can’t lay off any more workers?
May 8, 2013 The U.S. military has been thinking about the 'Internet of Things' -- networks of devices that talk to one another. But there are some major obstacles.
May 3, 2013 The Department of Defense wants to spend nearly $200 million to upgrade facilities at Guantanamo Bay. President Obama wants to shut it down for good. We take a look at the numbers behind the planet's most expensive prison.
Apr 4, 2013 Global outplacement firm Challenger, Grey & Christmas reported that employers cut 49,000 jobs in March, down 11 percent from February. Despite the month to month decline, job cuts for the first quarter were their highest since 2011.