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December 2, 2008 8:52:55 AM CST

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Defense Industry

Defense Industry news stories

4 Stories

Analysts: Mac Win Likely
to Hit Defense Firms Harder

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

MarketWatch MarketWatch 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, while John McCain has the clout and the Washington know-how to puncture bloated military budgets. More »

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

OPINION

Canada Could Hurt Firms It Tries to 'Protect'

Blocking US purchase of space division is 'significant risk'

American American Jun 17, 08 3:28 PM CDT
(Newser) - A move last month by the Canadian government to block the country's top space-tech firm from selling one of its divisions to a US buyer illustrates a tricky balancing act, Christopher Sands writes in the American : How far should Ottawa go to appease nationalist sentiment if it eats into economic benefits? The wariness, Sands notes, extends back to colonial days. More »

More about:  business • Canada • Stephen Harper • aerospace • foreign investment • free trade • Defense Industry • protectionism

For Boeing, Warplanes Are Becoming History

After losing another big military contract, giant's defense role shrinking to bit parts

Seattle Times Seattle Times Apr 7, 08 3:34 PM CDT
(Newser) - As Boeing makes fewer military aircraft and more hardware systems, its commercial and defense arms look increasingly like separate companies, the Seattle Times reports. "These are two legs walking in opposite directions," one analyst says. While airplanes continue to dominate its commercial side, the company, once a military-aircraft mainstay, now lacks a single prime contract for future warplanes. More »

More about:  Boeing • airplane • Airbus • contract • Northrop Grumman • fuel tankers • Defense Industry

New Air Force Drones Refuel Without Pilots

Technology gives fighter jets longer striking distance and more time in air

Defense Industry Daily Aug 15, 07 3:04 PM CDT
(Newser) - A Defense agency has developed an on-board flight system that connects an airplane to a re-fueling aircraft without the need for a human pilot, allowing unmanned fighter jets to remain in the air longer. The technology uses exact inertial, GPS, and video measurements to latch a probe into a 32-inch basket trailed behind a tanker. More »

More about:  airplane • pilot • Navy • GPS • Defense Industry • refueling

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