defense

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Wielding the sequester knife: 'There is no manual'

Feb 22, 2013
Deputy Secretary of Defense Ashton Carter says the mechanism of the sequester cuts to the Defense Department is "dumb."
Posted In: sequester, sequestration, defense

Sequester could cut jobs outside U.S. borders

Feb 21, 2013
Cuts in defense spending as part of the sequester could ripple to suppliers outside the U.S.
Posted In: sequester, defense contractors, defense

Just how would the 'sequester' affect you?

Feb 7, 2013
For one thing, 63,000 kids would get booted from Head Start.
Posted In: sequestration, Education, defense, budget

Pentagon cuts threaten economies in military towns

Jan 29, 2013
As furloughs loom, worries abound in Warner Robins, Ga.
Posted In: Pentagon, furlough, defense

D.C.'s economy expects hit from defense cutbacks

Jan 24, 2013
Three big employers dependent on defense spending, Raytheon, Lockheed Martin and General Dynamic all expect cuts to their contracting services.
Posted In: defense contractors, defense

Pentagon prepares for cuts -- cliff or no cliff

Dec 31, 2012
Defense contractors are already cutting back as the war in Afghanistan winds down.
Posted In: defense contractors, defense, fiscal cliff

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?
Posted In: fiscal cliff, defense

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.
Posted In: fiscal cliff, Economy, defense, Bush tax cuts

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.
Posted In: defense, aerospace, Airbus, BAE Systems

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.
Posted In: defense, defense contractors, WARN Act, layoffs

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