April 29, 2011 |
The U.S. ambassador to India announced his resignation Thursday, citing a desire to spend more time with his family. Timothy J. Roemer's statement coincided with news that India had excluded two U.S. defense companies from a much-anticipated $11-billion deal for at least 126 fighter aircraft, fueling speculation in defense circles that the two were linked. Others, however, said the former six-term congressman from Indiana, a Democratic party stalwart, may have felt he was being sidelined in India and wanted to raise his profile back in Washington before President Obama's 2012 reelection bid. "I hear he wanted to get back to active politics," said Harinder Sekhon, a senior fellow in the U.S. studies program with New Delhi's Observer Research Foundation, a think tank.
November 26, 2010 |
Hundreds of Southern California defense contractors may have to cut jobs or go out of business if Congress approves a moratorium on federal earmarks, industry executives warned. More than $3 billion in earmarks ? or money directed to specific projects ? flowed into California this year for defense work, much of it funneled to Southland aerospace companies. But with the federal government staring at a staggering $1.4-trillion deficit, the so-called pork-barrel spending has drawn fire from critics who see earmarks as a symbol of pay-to-play politics and wasteful government spending.
July 23, 2009 |
Forty years after the crew of Apollo 11 landed on the moon, the business of space has yet to experience the renaissance many once thought possible. "It's 2009, and we thought we'd be going to the moon on PanAm by now," said John Pike, an analyst who follows the industry at think tank GlobalSecurity.org. "We thought the number of rockets that would be launched each year would be more and more and it would get cheaper and cheaper, but it didn't happen that way."
July 5, 2009 |
Much like Northrop Grumman Corp.'s stealthy B-2 bomber, the company's chief executive has flown under the radar for most of his career overseeing the development of many of the nation's top-secret weapons. Unassuming and devoid of the cigar-chomping flamboyance that distinguished aerospace executives in the past, Ronald Sugar -- a former whiz kid from South Los Angeles -- often shuns the limelight. Yet few in aerospace are as influential to the nation's defense and security.
January 5, 2007 |
Dozens of military vehicles plucked from the battlefields of Iraq stand idle and partly dismantled outside a rural Pennsylvania plant, awaiting mechanics, welders and painters who will prepare them for another tour of duty.
October 2, 2006 |
With glitzy exhibits displaying model fighter jets, mock cockpits and flashy videos of missiles obliterating targets, major defense contractors came prepared to hawk their multimillion-dollar weapon systems. But attendance on the exhibition floor at the annual Air Force Assn. conference last week was sparse. Air Force officials, the defense industry's biggest customers, were packed into adjacent conference rooms instead, listening to ominous warnings of an impending slowdown in spending.