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Keyword: defensecontractors

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  • Vanity: I need stock recommendations for defense contractors

    01/12/2017 9:03:10 AM PST · by spacejunkie2001 · 43 replies
    1/12/17 | me
    If anyone has any GOOD recommendations for stock purchase of defense contractors, preferably small to mid cap, that would be awesome.
  • Boeing finds out new president won’t just pay whatever defense contractors want

    12/07/2016 9:15:49 AM PST · by Sean_Anthony · 43 replies
    Canada Free Press ^ | 12/07/17 | Dan Calabrese
    Not even for Air Force One Defense contractors were pretty excited when Donald Trump won the election, figuring it was fat and happy time once again for defense spending. And if happy time means the Pentagon will once again be willing to fund what the nation needs for its defense, then there should indeed by plenty of smiles to go around. As for the fat part, defense contractors are used to the idea that cost overruns are no issue with the Pentagon because whatever they order they have to have, and have right away. The cost-is-no-object approach to national security...
  • Americans missing in Baghdad kidnapped by Iran-backed militia: 4 sources

    01/19/2016 12:21:00 PM PST · by detective · 9 replies
    MSN News ^ | January 19, 2016
    Three U.S. citizens who disappeared last week in Baghdad were kidnapped and are being held by an Iranian-backed Shi'ite militia, two Iraqi intelligence and two U.S. government sources said on Tuesday. The U.S. sources said Washington had no reason to believe Tehran was involved in the kidnapping and does not believe the trio are being held in Iran, which borders Iraq. "They were abducted because they are Americans, not for personal or financial reasons," one of the Iraqi intelligence sources in Baghdad said.
  • New sanctions in works – against U.S. (Defense related) businesses (by our Middle Eastern Allies)

    05/06/2015 10:58:54 AM PDT · by Perseverando · 22 replies
    WND ^ | May 05, 2015 | Aaron Klein
    TEL AVIV – In an extraordinary move that could mean billions lost to the American economy, Gulf monarchs meeting Tuesday in Riyadh, Saudi Arabia, took a closed-door decision to potentially withhold investments from U.S. military firms if the terms of any final agreement with Iran causes significant harm to the Sunni Arab states. The meeting of the Gulf Cooperation Council brought together leaders from Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. All of those countries, aside from Oman, participated in the Saudi-led strikes targeting Iranian-backed rebels in Yemen. According to a source who took part...
  • Feinstein's Office Denies Conflict of Interest Charges

    04/04/2007 8:38:15 PM PDT · by CutePuppy · 17 replies · 645+ views
    Cybercast News Service ^ | April 04, 2007 | Fred Lucas
    Feinstein's Office Denies Conflict of Interest Charges By Fred Lucas April 04, 2007 (CNSNews.com) - Breaking nearly a week of silence, Sen. Dianne Feinstein's office Tuesday called allegations of a conflict of interest "nonsense" and said the California Democrat played no role in awarding military contracts that benefited companies owned by her husband. It was reported last week that Feinstein no longer serves on a Senate subcommittee that oversaw military construction. Earlier this year, Metro Newspapers accused Feinstein of a conflict of interest because the subcommittee had oversight of military contracts that often went to defense contractors owned by her...
  • ObamaCare Is Funneling Billions To Defense Contractors

    12/10/2014 4:16:44 PM PST · by jazusamo · 5 replies
    Investors.com ^ | December 10, 2014 | IBD Editorial
    Health Overhaul: Jonathan Gruber isn't the only one who got rich off ObamaCare. Several big government contractors are raking in megabucks to help the government take over the nation's health care system. Gruber made news when it came to light that the Obama administration had paid the stupid-American-calling MIT economist roughly $400,000 to help build ObamaCare, and several states paid him big bucks as well to build their exchanges. But this is just the tip of the ObamaCare bonanza. In the last fiscal year, Health and Human Services spent $21 billion on contracts with private firms. That's more than it...
  • Gunman in Saudi Arabia kills American defense contractor, wounds another

    10/14/2014 1:56:39 PM PDT · by Brad from Tennessee · 14 replies
    Washington Post ^ | October 14, 2014 | By Karen DeYoung, Carol Morello and Brian Murphy
    A gunman in Saudi Arabia opened fire Tuesday on two American defense contractors, killing one and wounding the other before being arrested in a shootout with police, U.S. and Saudi officials said. One individual familiar with the situation, who spoke on condition of anonymity in advance of an official Saudi statement, said the attack was a workplace dispute related to the firing of the alleged shooter and was not terrorism-related. The identities of the Americans and suspected attacker were not immediately released, but the State Department said the Americans worked for Vinnell Arabia, a U.S.-based contractor with deep ties in...
  • Before Shooting in Iraq, a Warning on Blackwater (Political and Distraction Piece)

    06/30/2014 11:18:46 AM PDT · by BCW · 3 replies
    NYT ^ | 29 JUNE 2014 | JAMES RISEN
    WASHINGTON — Just weeks before Blackwater guards fatally shot 17 civilians at Baghdad’s Nisour Square in 2007, the State Department began investigating the security contractor’s operations in Iraq. But the inquiry was abandoned after Blackwater’s top manager there issued a threat: “that he could kill” the government’s chief investigator and “no one could or would do anything about it as we were in Iraq,” according to department reports.
  • U.S. court revives Abu Ghraib detainees' torture case

    06/30/2014 10:14:38 AM PDT · by Oldeconomybuyer · 4 replies
    Reuters ^ | June 30, 2014 | BY JONATHAN STEMPEL
    A federal appeals court has revived a lawsuit against CACI International Inc that accused the defense contractor's employees of directing the torture of detainees at the Abu Ghraib prison near Baghdad. The 4th U.S. Circuit Court of Appeals in Richmond, Virginia, said a lower court judge had erred in concluding he lacked jurisdiction to hear claims by four Iraqi plaintiffs because the alleged incidents occurred in Iraq. Monday's decision has the potential to expand legal liability for contractors who work with and undertake sensitive tasks on behalf of U.S. troops outside the country.
  • Breaking: US Security Contractors Engage in Gun Battles to Escape Iraq

    06/12/2014 7:18:34 PM PDT · by kristinn · 66 replies
    The Gateway Pundit ^ | Thursday, June 12, 2014 | Kristinn Taylor
    The Washington Post inexplicably buried the lede in Thursday night’s story on U.S. contractors starting evacuations from Iraq. One has to read to the ninth paragraph (out of eleven) to read of the report that U.S. security contractors traversing embattled areas are engaging in gun battles as they try to evacuate other civilian contractors: “Contractor evacuations began Wednesday, if not earlier, said Ginger Cruz, CEO of Mantid International LLC, a consulting firm that works with numerous companies in Iraq… “On Thursday, the electronics giant Siemens was working to get about 50 employees out of Baiji, Cruz said. It was not...
  • DOD furlough plan to affect 9 in 10 civilians

    05/14/2013 3:09:11 PM PDT · by markomalley · 4 replies
    Stars and Stripes ^ | 5/14/2013 | Chris Carrol
    Defense Secretary Chuck Hagel announced a sweeping furlough plan Tuesday that will hit well over 90 percent of the Defense Department’s 750,000 U.S. civilian employees squarely in the pocketbook this summer. Employees from every service and agency in the department will be furloughed for up to 11 days, losing up to 2 days of pay in each two-week pay period through the end of the fiscal year on Sept. 30. Selected groups of DOD civilians – including Navy shipyard workers, educators, foreign nationals and employees deployed to war zones – will be fully or partially exempt from furloughs, however. The...
  • Report: Podesta Group Urges Military Contractors to Give Money to Support Hagel (Gangster Gov't)

    01/07/2013 11:25:51 AM PST · by kristinn · 11 replies
    Big Government ^ | Monday, January 7, 2013 | Kerry Picket
    SNIP Hagel, however, has friends in Democratic lobbying circles. The powerful Washington D.C. organization known as the Podesta Group is reportedly asking defense contractors for financial support to run ads defending the Hagel nomination. Fox News White House Chief White House Correspondent Ed Henry reported on Friday: (2:15 in) "Sources confirm to Fox [that] Democratic super lobbyist Tony Podesta has been hired by a firm known as the Bipartisan Group to help mobilize support for Hagel. And defense contractors received calls this week urging them to be ready for a Hagel pick as soon as Monday, and asking them for...
  • (Rep Joe Wilson:) The height of corruption

    10/05/2012 7:58:19 PM PDT · by markomalley · 18 replies
    The Hill ^ | 10/5/2012 | Rep Joe "You Lie" Wilson (R-SC)
    Last week, I discovered one of the most corrupt acts I have seen while serving in public office: The Office of Management and Budget (OMB) issued a memorandum, advising defense contractors that if they failed to comply with existing law, taxpayers would pay any resulting employee compensation costs and attorneys’ fees incurred. Instead of notifying defense contractors that they must abide by the laws set in place to protect American families, the administration has advised and encouraged these companies to break the law without penalty. Does that sound unbelievable to you? It sounded unbelievable to me when I first heard...
  • Google Removes 640 Videos from YouTube Promoting Terrorism

    06/18/2012 11:32:24 PM PDT · by Cindy · 28 replies
    TELEGRAPH.co.uk ^ | 7:11AM BST 18 Jun 2012 | n/a
    SNIPPET: "Google removed 640 videos from YouTube in the second half of last year amid fears they promoted terrorism. The Association of Chief Police Officers (Acpo) made a request for five user accounts to be closed for allegedly promoting terrorism. Google agreed and deleted the 640 videos."
  • Northrop Grumman declines to bid on latest KC-X RFP

    03/08/2010 8:39:45 PM PST · by ErnstStavroBlofeld · 20 replies · 178+ views
    Flight Global ^ | 3/08/2010 | Jon Ostrower
    Northrop Grumman, in partnership with EADS, will not offer a bid for the $35 billion KC-X tanker contract, citing a US Air Force request for proposal (RFP) it believes is weighted in favour of its competitor. "We reached this conclusion based on the structure of the source selection methodology defined in the RFP, which clearly favours Boeing's smaller refuelling tanker and does not provide adequate value recognition of the added capability of a larger tanker, precluding us from any competitive opportunity," says Wes Bush, CEO of Northrop Grumman. Additionally, Bush says that Northrop has decided not to protest the selection...
  • Boeing unveils a new B767 Derivative 'NewGen Tanker' for U.S. Air Force Competition

    03/08/2010 10:12:44 AM PST · by ImJustAnotherOkie · 29 replies · 341+ views
    Defense Update ^ | 3/4/2009 | Defense Update
    Boeing has unveiled today the 'NewGen Tanker', the aerial refueling aircraft being proposed for the U.S. Air Force KC-X tanker competition. According to Dennis Muilenburg, president and CEO of Boeing Defense, Space & Security, the Boeing NewGen Tanker will satisfy all mandatory Air Force requirements and offer an American-made tanker that will be capable, survivable, and combat-ready at the lowest cost to the taxpayer.
  • EADS grounds $40bn US air tanker bid

    03/08/2010 5:17:48 PM PST · by bruinbirdman · 120 replies · 1,084+ views
    The Telegraph ^ | 3/8/2010 | James Quinn
    European defence giant EADS has dropped out of a nine-year, two-horse $40bn (£27bn) race to provide the US Air Force with a fleet of air tankers after accusing the American government of skewing the competition in rival Boeing's favour. EADS staff stand near a life-size scale display of the interior of the Airbus A400M military transport plane EADS and US partner Northrop-Grumman last night took the dramatic decision not to make a bid for the 179 plane contract after studying the latest terms drawn up by the US Department of Defence (DoD). The pairing, which actually won the contract in...
  • F-35 Pentagon Report Documents Lockheed-Martin Failures (Assembly Lines Being "Cannibalized")

    02/26/2010 6:45:03 PM PST · by GOPGuide · 48 replies · 1,882+ views
    Center for Defense Information ^ | February 24, 2010 | Center for Defense Information
    Pentagon Reports Document Continuing Lockheed-Martin Failures Under the Freedom of Information Act (FOIA), the CDI Straus Military Reform Project has obtained almost two years of monthly reports from the Defense Contract Management Agency (DCMA) on Lockheed Martin’s production of the F-35 Joint Strike Fighter. The documents do not paint a pretty picture, explains Straus Military Reform Project Director Winslow Wheeler. The Defense Contract Management Agency’s (DCMA) most recent reports cover the months July through November 2009. The full reports are available below. Their major points, as summarized by Winslow Wheeler, are as follows: The F-35 assembly line at Forth Worth,...
  • US Army Selects Northrop Grumman's 100kW Solid-State Laser For Field Tests

    02/23/2010 4:55:14 PM PST · by ErnstStavroBlofeld · 13 replies · 512+ views
    Space Daily ^ | 2/23/2010 | Space Daily
    The solid-state laser system from Northrop Grumman, that produced the most powerful beam ever from a continuous wave electric laser last year, is joining other pioneering speed-of-light weapons demonstrators for field tests at the Army's High Energy Laser System Test Facility (HELSTF), N.M. In cooperation with the U.S. Army's Space and Missile Defense Command/Army Forces Strategic Command, which operates the test range at White Sands Missile Range in southeastern New Mexico, BAE Systems has contracted with Northrop Grumman to relocate the Joint High Power Solid State Laser (JHPSSL) Phase 3 system from the company's laser factory in Redondo Beach, Calif.,...
  • UPDATE 1-Raytheon says bidding for India tank upgrade (T-72)

    02/12/2010 2:16:35 AM PST · by sukhoi-30mki · 19 replies · 725+ views
    Reuters ^ | 02/12/2010 | Bappa Majumdar
    UPDATE 1-Raytheon says bidding for India tank upgrade * Partnering Larsen & Toubro for 1,000 tank contract Stocks * Contract value seen at more than $100 mln (Adds detail) NEW DELHI, Feb 12 (Reuters) - Raytheon Co (RTN.N), the world's biggest missile maker, said on Friday it and partner Larsen & Toubro (LART.BO) have bid for the contract to upgrade 1,000 T-72 battle tanks in India. Defence ministry officials said India was looking to spend at least $100 million in upgrading the tanks, which India bought from Russia three decades ago. "The upgrade will increase the lethality of the T-72...