February 1, 2001 |
A blue-ribbon commission on Wednesday called for creation of a Cabinet-level agency to assume responsibility for defending the nation against the increasing likelihood of terrorist attacks on U.S. soil. The bipartisan panel, led by former U.S. Sens. Warren B. Rudman (R-N.H.) and Gary Hart (D-Colo.
January 13, 2001 |
More than three years after Northrop Grumman Corp.'s last B-2 Stealth bomber rolled out of its Palmdale hanger, House defense leaders are urging President-elect George W. Bush to restart the production line to build as many as 40 more planes.
January 10, 2001 |
A high-level Pentagon study released Tuesday found that the bombing of the American destroyer Cole in October revealed dangerous shortcomings in U.S. military security and intelligence-gathering. The report, which did not attempt to assess leadership performance in the attack, found that U.S. planes and ships remain highly vulnerable to terrorist attack as they shuttle American forces through dangerous regions. And it said that U.S.
January 9, 2001 |
President-elect George W. Bush, who questioned the extent of the U.S. commitment in Europe during the campaign, sounded more cautious Monday about reducing the American military role there, according to a senior senator. The report by Sen. Carl Levin (D-Mich.
December 17, 2000 |
George W. Bush will be hit with a frostbitten economy when he's inaugurated in January. Business activity, already wavering, will be slowing to a crawl. Companies, instead of expanding, will be cutting costs, possibly laying off employees. The Federal Reserve will be thinking about lowering interest rates. And the new Bush administration will come into office pushing for tax cuts to revive the economy. Bush said Friday that he believes strongly in "the need to reduce marginal rates" of taxes.
December 1, 2000 |
The Marine Corps' top officer said Thursday he expects the Defense Department to give the go-ahead soon for starting full-scale production of the MV-22 Osprey, a hybrid helicopter-airplane. The Marines are counting on the new aircraft to replace their Vietnam War-era fleet of transport helicopters. "I'm confident it should be approved, and I've seen nothing to lead me to believe that it won't," said Gen. James L. Jones, commandant of the Marine Corps, in an interview with Associated Press.
November 19, 2000 |
In recent weeks, while most investors seemed focused on election news or worries about technology stocks, shares of leading aerospace-defense companies hit new highs. The underlying reasons weren't hard to find. Defense budgets are slated to rise in the decade ahead as a changing world presents new challenges to U.S. military strategy. A major review of defense policies is a certainty in the next few years.
September 2, 2000 |
President Clinton announced Friday that he will leave the decision on deployment of a national missile shield to his successor, averting for now a potential diplomatic crisis and propelling the controversial program to a murky future. Clinton said that even though the nation faces a growing threat from long-range missiles, he lacks the "absolute confidence" he would need to deploy a system that would place existing arms control agreements in jeopardy and possibly trigger an arms race.
August 28, 2000 |
Southern California technology companies have won a spate of U.S. Army orders in recent months for systems and devices that do everything from mapping battlefields to deflecting enemy fire. The contracts--each worth tens of millions of dollars--have gone to both little-known defense industry suppliers as well as TRW Inc. and other giants that once dominated the Southern California aerospace economy.
August 23, 2000 |
Washington's top arms control expert met Danish and Greenland officials amid U.S. efforts to secure support for a controversial shield to protect the United States from missile attacks. In Nuuk, Greenland's capital, John Holum, the State Department's undersecretary for arms control and international security, discussed proposals to upgrade an existing U.S. radar station on the Arctic island as part of the new national missile defense system.