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Pentagon Budget

BUSINESS
September 15, 2011 | By W.J. Hennigan, Los Angeles Times
Seeking to whip up public support for what's expected to be a hard-fought budget battle in Congress, a group of defense contractors launched a lobbying campaign urging an end to cuts in military spending. The campaign, named Second to None, was introduced by the Aerospace Industries Assn. trade group Wednesday at the National Press Club in Washington. The group, which represents manufacturers and suppliers of aircraft, space systems and engines, warned of potential job losses and national security risks.
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BUSINESS
August 25, 2011 | By W.J. Hennigan, Los Angeles Times
In another blow to Southern California's defense industry, aerospace giant Northrop Grumman Corp. said it is cutting 500 jobs in its aerospace division in anticipation of a slowdown in Pentagon spending. The company began offering a voluntary buyout program Thursday but said layoffs would ensue if fewer than 500 people agree to leave before Oct. 28. This is the second time in less than a year that Northrop's operations in Southern California — home to the vast majority of the 23,000 employees in its aerospace division — has experienced job losses.
WORLD
August 24, 2011 | By David S. Cloud, Los Angeles Times
China's military is closing technical gaps that long have given the United States and its allies a military edge in Asia, although several ambitious new weapons systems and platforms appear years from completion, according to a new Pentagon assessment. China is developing a new stealth fighter, recently conducted sea trials on its first aircraft carrier and carried out a record number of satellite and other space launches in the last year, the report notes. It says China appears on track to achieve its goal of building a modern, regionally focused military by 2020.
NEWS
August 4, 2011 | By David S. Cloud
Defense Secretary Leon Panetta warned Thursday that deeper cuts in the defense budget risked hollowing out the military and would hamper Pentagon efforts to deal with rising powers such as China, North Korea and Iran.   It was the second day in a row that Panetta issued a public warning to Congress not to go beyond the roughly $400 billion in defense cuts required over the next decade under the debt reduction bill signed this week by President Obama.   Speaking to reporters at his first Pentagon news conference, Panetta called on Congress to raise tax revenue and cut mandatory spending programs, which include Medicare and Social Security, rather than slash defense further.
OPINION
August 2, 2011 | By Tom Engelhardt
On July 25, while John A. Boehner raced around the Capitol desperately pressing Republican House members for votes on a debt ceiling bill that Harry M. Reid was calling dead-on-arrival in the Senate, the new U.S. ambassador to Afghanistan, Ryan C. Crocker, took his oath of office in distant Kabul. According to news reports, he then gave a short speech warning that Western powers should not "rush for the exits" in withdrawing from the war. In Afghanistan today, after almost a decade of U.S.-led war, there is no sign of a rush for the exits.
WORLD
July 12, 2011 | By David S. Cloud, Los Angeles Times
Defense Secretary Leon E. Panetta carried an unmistakable message on his first overseas trip since taking office this month: One way or another, the two wars that have consumed the Pentagon for much of the last decade are nearing an end. Panetta declared after departing Washington on Friday that Al Qaeda appeared on the verge of defeat. In Afghanistan, he stressed that the U.S. military must transfer security responsibility to the Afghan army. And in Iraq he emphasized that most, if not all, U.S. troops would pull out by year's end. In tone and substance, it was a noticeable shift from his predecessor, Robert M. Gates.
NATIONAL
December 3, 2010 | By Peter Nicholas and Michael A. Memoli, Tribune Washington Bureau
President Obama's deficit reduction commission fell a few votes shy of the number needed to send its proposal to Capitol Hill for action, but still received enough bipartisan support to raise hopes that political leaders are girding to tackle the nation's gargantuan debt. The commission's final report, with the cinematic title, "The Moment of Truth," won the backing of 11 out of 18 members ? three short of the supermajority required under the executive order that Obama signed in February when he created the panel.
NATIONAL
August 14, 2010 | By David S. Cloud, Tribune Washington Bureau
A Pentagon plan to reduce spending on civilian contractors could free up more than $10 billion in the next four years, according to Defense Secretary Robert M. Gates, who wants the savings to be spent on new ships, fighters and other weapons systems rather than on reducing the federal budget deficit. The internal Pentagon savings estimate, disclosed by Gates in an interview, represents a small slice of the overall defense budget, but it is a big part of his effort to find savings and to stave off calls in Congress for deep cuts in military spending to reduce the deficit.
BUSINESS
August 3, 2010 | By W.J. Hennigan, Los Angeles Times
Citing a shrinking Pentagon budget, Boeing Co. said Monday that it was relocating two key defense programs from Long Beach, where it employs 800 people, to Oklahoma City. Beginning next year, the Chicago company said it would move its C-130 military cargo avionics and its B-1 bomber modernization programs. The relocation is expected to begin in the first quarter of next year and be completed by the end of 2012. The move would deal another blow to the California economy, where unemployment stands at 12.3%.
NATIONAL
May 9, 2010 | By Julian E. Barnes, Tribune Washington Bureau
Defense Secretary Robert M. Gates said Saturday that he wanted to sharply cut the military bureaucracy and rein in expenditures on armed forces healthcare and departmental overhead as part of an effort to tame runaway Pentagon spending. Speaking at the Dwight D. Eisenhower Presidential Library here, Gates presented a roadmap for what might be his last months in office and his final major Pentagon reform push. Gates said his priority was to flatten a hierarchical military command structure and eliminate military offices and agencies that have little direct role in fighting the nation's wars.
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