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.
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.
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.
Nov 15, 2011
With the super committee looking less and less likely to succeed, defense contractors are planning for the worst: automatic cuts.
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...
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...