Categories
Defense News

CAE quarterly income takes beating from COVID-19

Travel restrictions and closures related to the ongoing coronavirus pandemic hit CAE’s civil training and defense segments. But said the company CEO: “I think we have seen the bottom and we have…

Source link

Categories
Defense News

New report clashes with Trump’s job growth claims from Saudi arms sales

How many American jobs were created by a deal to sell arms to Saudi Arabia?

Source link

Categories
Defense News

New START nuclear talks begin between US, Russia

Early U.S.-Russia talks to renew the New START arms control treaty have begun, and the two sides have agreed to an in-person dialogue once the coronavirus pandemic subsides.

Source link

Categories
Defense News

House progressives demand Pentagon cuts, citing pandemic

More than two dozen Democrats are demanding that House Armed Services Committee leaders cut defense spending in the 2021 defense policy bill, citing the coronavirus pandemic.

Source link

Categories
Defense News

Key lawmaker urges Iron Dome deployment to Mideast

U.S. Sen. John Boozman is pressing the Pentagon to upend its plans for Iron Dome and deploy one battery to the Middle East―the latest sign of of impatience on Capitol Hill with the Army’s fielding…

Source link

Categories
Defense News

Fired State Department IG probed Trump’s Saudi arms deals

The U.S. State Department inspector general was investigating the Trump administration’s use of an emergency declaration to sell weapons to Saudi Arabia, according to the the chairman of the House…

Source link

Categories
Defense News

Pentagon legislation aims to end dependence on China for rare earth minerals

The Pentagon has proposed legislation that aims to end reliance on China for rare earth minerals used in the manufacturing of missiles and munitions, hypersonic weapons and radiation hardened…

Source link

Categories
Defense News

Citing TransDigm, DoD seeks new acquisition powers, and trade groups oppose

Four defense industry trade associations “strongly oppose” a handful of Pentagon-backed procurement reform proposals that they say would harm the defense industrial base, and they’re asking Congress…

Source link

Categories
Defense News

30 senators to urge FCC to reverse Ligado decision

A bipartisan group of 30 senators are expected to send the Federal Communications Commission a letter urging it to reverse course on its decision to allow Ligado to deploy a nationwide mobile…

Source link

Categories
Defense News

Sen. Sullivan of Alaska talks military strength and strategy in the Arctic

When it comes to boosting the Defense Department’s role in the frigid Arctic, nobody in Congress seems hotter under the collar than Sen. Dan Sullivan.

Source link

Categories
Defense News

Pentagon’s chief reform job is ineffective and needs to go, study says

The Defense Business Board, whose task force was tapped by the Pentagon for the study, unanimously adopted the recommendations at its meeting on Wednesday.

Source link

Categories
Defense News

Lockheed-Raytheon’s deadlier F-Model Javelin antitank missile rolls into production

Raytheon and Lockheed Martin’s joint venture for the Javelin has completed production of its first F-Model of the shoulder-fired antitank weapon.

Source link

Categories
Defense News

General Dynamics saw $1 billion bump after Canada-Saudi accord

General Dynamics has received $1 billion since the renegotiation of a $10 billion contract for Canada to sell light armored vehicles to Saudi Arabia.

Source link

Categories
Defense News

Only 20 defense firms sought $17 billion in COVID loans. Now the Trump administration is weighing a fix.

The Trump administration is weighing whether to broaden COVID relief loans for defense firms.

Source link

Categories
Defense News

NDIA’s Wesley Hallman on a liability shield and other defense priorities for the next stimulus

Retired Air Force Col. Wesley Hallman is NDIA’s senior vice president of policy, spoke with Defense News about NDIA’s priorities as Congress mulls what to do after its third coronavirus response bill,

Source link