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NEWS
January 9, 2001 | JAMES GERSTENZANG, TIMES STAFF WRITER
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.
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BUSINESS
December 17, 2000 | JAMES FLANIGAN
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.
NEWS
December 1, 2000 | Associated Press
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.
BUSINESS
November 19, 2000 | JAMES FLANIGAN
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.
NEWS
September 2, 2000 | PAUL RICHTER, TIMES STAFF WRITER
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.
BUSINESS
August 28, 2000 | INDRANEEL SUR, TIMES STAFF WRITER
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.
NEWS
August 23, 2000 | From Times Wire Reports
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.
NEWS
August 23, 2000 | JEFF LEEDS, TIMES STAFF WRITER
Vice President Al Gore, courting a major veterans' group his Republican rival addressed the day before, said Tuesday that he would back a military pay raise to keep the U.S. military the "best-trained, best-equipped, best-led fighting force in the entire world, bar none." Gore, who ended a four-day riverboat trip down the Mississippi on Monday, took pains to counter rival George W. Bush's portrayals of a U.S. military in disrepair.
NEWS
August 18, 2000 | From Associated Press
A powerful Titan 4B rocket carried a classified satellite into orbit Thursday. The launch and payload separation were successful, said Capt. Tom Knowles, a 30th Space Wing spokesman. The rocket was visible across a wide area of California as it rose over the Pacific at 4:45 p.m. The Air Force said the new satellite was designed and built by the National Reconnaissance Office but did not release any information about its purpose. Knowles referred questions about the satellite to the NRO.
NEWS
August 14, 2000 | From Times Staff and Wire Reports
A U.S. nuclear bomb lost more than three decades ago probably lies on the seabed off Greenland's Thule air base, which the United States aims to use for its controversial antimissile shield, a Danish newspaper reported. Classified documents obtained by a group of former workers at Thule, an Arctic air and radar base built by the United States in 1951-52, suggest that one of four hydrogen bombs on a B-52 bomber that crashed there in 1968 was never found, the daily Jyllands-Posten said.
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