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| US: Contractors Vie for Plum Work, Hacking for U.S. Government
by CHRISTOPHER DREW and JOHN MARKOFF, New York Times
May 30th, 2009
The Obama administration’s push into cyberwarfare has set off a rush among the biggest military companies for billions of dollars in new defense contracts. Nearly all of the largest military companies — including Northrop Grumman, General Dynamics, Lockheed Martin and Raytheon — have major cyber contracts with the military and intelligence agencies. |
| US: Contracting Boom Could Fizzle Out
by Dana Hedgpeth, Washington Post
April 7th, 2009
The surge in the U.S. military contracting workforce would ebb under Defense Secretary Gates's budget proposal as the Pentagon moves to replace private workers with full-time civil servants. The move could affect companies such as CACI and SAIC. "We are right-sizing the defense acquisition workforce so we can improve our contract oversight and get a better deal for the taxpayers," said the Pentagon's director of defense procurement and acquisition policy. |
| US: Gates Proposes Major Changes to Military Programs, Weapons Buys
by August Cole, Wall Street Journal
April 6th, 2009
Defense Secretary Robert Gates unveiled a sweeping overhaul of the Pentagon's top weapons priorities. The shake-up, a combination of defense contract cutbacks and policy changes, will stoke a smoldering debate in Congress, with cuts proposed for Lockheed Martin Corp.'s F-22 Raptor and replacement of the president's fleet of Marine One helicopters. |
| ISRAEL: U.S. approves $330 million in arms deals for Israel
by Andrea Shalal-Esa, Reuters
September 9th, 2008
The U.S. government on Tuesday said it had approved up to $330 million in three separate arms deals for Israel, and sources tracking a much bigger deal for 25 Lockheed Martin Corp F-35 fighter jets said that agreement could be approved later this month. |
| US: Lockheed Faulted for Failure to Control Costs
by Dana Hedgpeth, Washington Post
June 4th, 2008
Lockheed Martin, the biggest U.S. defense contractor, failed to follow military guidelines to track and manage costs on major weapons programs, according to an internal Pentagon document released yesterday by a government watchdog group. |
| INDIA: Building a Modern Arsenal in India
by Heather Timmons and Somini Sengupta, The New York Times
August 31st, 2007
India is developing a military appetite to match its growing economic power. With a ballooning arms budget, India will soon become one of the largest military markets in the world, making it an important new target for American arms manufacturers. |
| US: Lockheed Stock and Two Smoking Barrels
by Richard Cummings, Playboy.com
January 16th, 2007
If you think the Iraq war hasn't worked out very well for anyone, think again. Defense contractors such as Lockheed are thriving. And no wonder: Here's the story how Lockheed's interests- as opposed to those of the American citizenry- set the course of U.S. policy after 9/11. |
| US: Boeing-Lockheed Granted Monopoly
by Andy Pasztor and Jonathan Karp, Wall Street Journal
January 7th, 2006
The Pentagon has given preliminary approval to a joint venture between Boeing Co. and Lockheed Martin Corp. for military-rocket launches, endorsing a rare monopoly that could set a precedent for defense contractors facing slower military spending, said industry and government officials.
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| US: Lockheed Martin Is Hired to Bolster Transit Security in N.Y.
by Sewell Chan and Shadi Rahimi, The New York Times
August 23rd, 2005
A new world of transit security in New York City began to take form this morning, as officials disclosed plans to saturate the transit system with 1,000 video cameras, 3,000 motion detectors and a wide array of sophisticated gadgets, all intended to buffer the city's subways, bridges and tunnels from a terror attack.
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| US: Business booming for U.S. defense contractors
by Peter Bauer, Menafn
August 20th, 2005
U.S. defence contractors are riding high these days, buoyed by rising Pentagon spending on the wars in Iraq and Afghanistan as well as the high cost of homeland security in the U.S.-declared war on terror.
The fiscal 2006 defence budget is set to climb to 441 billion dollars, an increase of 21 billion dollars over 2005. It envisions an additional 50 billion dollars for the wars in Iraq and Afghanistan. |
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