defense
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Pentagon prepares for cuts -- cliff or no cliff
Dec 31, 2012
Defense contractors are already cutting back as the war in Afghanistan winds down.
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Defense education, training programs at stake if no fiscal deal reached
Nov 30, 2012
If a deal isn't reached on the fiscal cliff, the Defense Department faces half-a-trillion dollars worth of cuts across the board. So why can't lawmakers come to an agreement?
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The fiscal cliff explained (with help from Hollywood)
Sep 28, 2012
You've heard warnings about the economic disaster that could happen if Congress fails to avoid a fiscal cliff. But what is the fiscal cliff anyway? Sr. Producer Paddy Hirsch enlists the support of his friends Thelma and Louise in this three-minute explanation.
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Airbus parent company in talks to merge with BAE systems
Sep 13, 2012
The parent company of Airbus, EADS, is in merger talks with the continent's biggest defense contractor, BAE systems. That could put U.S. leaders Boeing and Lockheed Martin playing a little defense themselves.
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Fiscal cliff could cause layoffs for defense contractors
Aug 9, 2012
The big defense contractors -- including Lockheed Martin and Pratt & Whitney -- say they may have to send out mass layoff notices to their employees in a few months. That's because they're worried that hundreds of billions of dollars in expected cuts to the Pentagon's budget will have a big effect on them.
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Budget cuts could hurt defense contractors
Jan 27, 2012
Federal spending on defense could soon be drawn back, and private companies that make military equipment will have to look elsewhere for customers.
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Euro debt crisis a threat to British security
Dec 15, 2011
If the euro collapses, Britain's economy could shrink by up to 8 percent. That could have a big effect on the country's defense spending.
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Defense sector braces for Pentagon cuts
Nov 15, 2011
With the super committee looking less and less likely to succeed, defense contractors are planning for the worst: automatic cuts.
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LightSquared still making people upset
Mar 31, 2011
I think I must write one of these items a week. There's more concern about the new wireless network. This time, it's the Pentagon. The Defense...
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Defense Department wants to share its own network security with civilian networks
Feb 16, 2011
Deputy secretary of defense William Lynn said yesterday that the aggressive anti-hacking system used by the Pentagon should be available to other...
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