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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: military spending

military spending stories: 8 news summaries

(Newser) - With President Obama and Robert Gates hoping to reconfigure defense spending, cities and towns around the country are bracing for the economic fallout, ABC News reports. Some of the places most likely to be pinched if Gates’ budget stands:
  • Marietta, Ga.: Where Boeing and Lockheed Martin assemble
... More »

MORE ABOUT:
budget • St. Louis • Seattle • military spending • federal budget • Long Beach CA

Gates' Pentagon Budget Overhaul Hits Heavy Resistance

Congressmen fly to defend pet weapons

Apr 7, 09 12:28 PM CDT
(Newser) - Defense Secretary Robert Gates talked tough yesterday in proposing to cut six major weapons systems from the Pentagon budget, and members of Congress wasted no time in talking tough right back, suggesting that the battle to refocus spending could meet major resistance. “This budget represents an opportunity, one of... More »

MORE ABOUT:
Robert Gates • Lockheed Martin • military spending • new weapons systems • Saxby Chambliss

Obama Must Slash Defense Budget: Study

New equipment likely to take hit as Pentagon seeks to build forces

Nov 10, 08 9:40 AM CST
(Newser) - Between the financial crisis, galloping budget deficits, and shifting military priorities, a Pentagon advisory group is warning that the military's current budget is “not sustainable,” and the new administration will have to choose where to make cuts, the Boston Globe reports. Weapons projects that are already billions over... More »

MORE ABOUT:
Pentagon • military spending • financial crisis • President Obama

Analysts: Mac Win Likely
to Hit Defense Firms Harder

He's got the clout and the will to slash budgets

Sep 6, 08 2:10 PM CDT
(Newser) - The defense industry is generally wary of Democratic wins, but this time around it's a Republican victory that may give military industries—and their investors—a complex, MarketWatch reports. A President Obama would be unlikely to give critics of his foreign policy cred ammunition by slashing defense spending, analysts say,... More »

MORE ABOUT:
John McCain • fighter jet • US military • Defense Industry • Army contracts • military spending • Pentagon waste • military equipment

 Air Force Seeks
 Anti-Terror $16M
 for 'Comfort Pods' 

Congress nixes funds for high-flying accommodations on military planes

Jul 18, 08 3:37 AM CDT
(Newser) - Air Force chiefs have sought $16 million in anti-terrorism funds to build luxurious "comfort capsules" to be installed in military aircraft for VIP officer travel, reports the Washington Post. The project's costs have soared as finicky generals demand changes, with modifications in the plush leather seats—including a switch... More »

MORE ABOUT:
US military • counterterrorism • air travel • US Air Force • military spending

 Military at War With
 Rising Fuel Costs 

Pentagon, with hefty budget worries, trying synthetic, greener options

May 21, 08 10:12 AM CDT
(Newser) - Fuel costs are hitting the US military harder than most, the Wall Street Journal reports, and it's moving forward with efforts to switch to synthetic, and greener, alternatives. Chugging 340,000 barrels of oil per day, the military is the nation's largest consumer; synthetic fuels and massive solar arrays are... More »

MORE ABOUT:
Pentagon • gas prices • oil price • military spending • synthetic fuel

China's Military Boost Angers US

Beijing eyes space, cyberspace and Taiwan

Mar 4, 08 12:00 PM CST
(Newser) - The US and China are clashing over Beijing's increasing defense expenditures, its posture toward Taiwan and its threat to US space hardware, reports the BBC. Beijing officials say they plan to up defense spending by 18% to $59 billion—but a Pentagon report claims the true amount of Chinese military... More »

MORE ABOUT:
China • Pentagon • Taiwan • Beijing • National People's Congress • satellite • computer network • military spending • cyberspace

Giuliani Goes
for Broke
in Fla.

In run-up to must-win primary, GOP hopeful maxes out time, money

Jan 18, 08 4:45 PM CST
(Newser) - Rudy Giuliani has put every penny toward victory in Florida, hoping to build a dam that rising waters can’t breach. Come Jan. 29, says his campaign chairman, “we'll be the smartest guys in America or the dumbest guys in America.” Giuliani’s been to Florida nearly 30... More »

MORE ABOUT:
Florida • Rudy Giuliani • abortion rights • tax cuts • military spending

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