The change in the Pentagon's plan for the $391 billion weapons program defers orders for 45 Air Force jets, compared with last year's plan, while accelerating orders for the Navy and Marine Corps models of the aircraft, the sources said. It calls for the Navy and Marine Corps to buy 64 F-35C jets, which can take off and land on aircraft carriers, over the next five...» Read More
Jan 15- Apollo Education Group Inc said the U.S. Department of Defense had lifted its probationary status on the University of Phoenix, which barred the company's unit from recruiting students on military bases or using federal money to fund tuition. The for-profit college operator, which earlier this week said it was considering selling itself, said on Friday...
Even if the Democratic Progressive Party wins, the economy will drive all parties to keep things calm in the short term.
WASHINGTON, Jan 15- A new system for collecting domestic telephone records meets several privacy and civil liberties benchmarks, the U.S. National Security Agency said on Friday. The NSA ended its daily vacuuming of millions of Americans' phone metadata, meaning the numbers and time stamps of calls but not their content, late last year after Congress passed a law...
Jan 15- U.S. Department of Homeland Security investigations of cyber attacks on the nation's critical manufacturing sector nearly doubled in the year ended Sept. 30, according to the agency. The Department of Homeland Security's Industrial Control Systems Cybersecurity Emergency Response Team, or ICS-CERT, said in a report distributed this week that it...
Pandemics are a neglected risk to lives and economies that could costs trillions of dollars, says a new report.
Iran's IRGC said it has released 10 American sailors who it had detained a day earlier, according to the Guards' statement.
The U.S. may deploy more "strategic assets" in South Korea, but not nuclear arms, a U.S. official said, as tensions with North Korea heated up.
MANILA, Jan 11- Congress on Monday asked the Philippine government to study a proposal to issue a 150 billion peso retail bond to fund a long-term military modernization plan to secure its strategic reserves in the South China Sea. Ariel Try, deputy minority leader at the lower house of Congress, said Congress will ask the Treasury to consider a bond issue to...
The U.S. Navy released video it said showed an Iranian military vessel firing unguided rockets on December 26 near U.S. warships.
Citing unnamed U.S. officials, the Post said the new unit, which would be based at the Department of Homeland Security but which would enlist other federal and local agencies, was expected to be announced later on Friday when senior White House officials meet with Silicon Valley executives.
The North Korean government announced a successful test of a hydrogen bomb, but the bark may be bigger than the blast, some seismologists say.
The U.S. and its Asia-Pacific allies will likely be drawn closer in the wake of North Korea's most recent nuclear test.
At the moment, no one can confirm whether North Korea has successfully conducted a nuclear test, warns Alastair Newton, director at Alavan Business Advisory.
The rebound will likely be driven by strong passenger traffic, continued demand for commercial aircraft from growing economies like India and China, and an expected recovery in global military spending fueled by tensions in the Middle East, the firm said in its annual outlook for the sector. Tom Captain, who leads Deloitte's aerospace and defense segment, said...
Dec 31- U.S. weapons maker Lockheed Martin Corp said on Thursday it would deliver a total of 78 C-130J Super Hercules aircraft to the U.S. government as part of a multiyear contract, worth $5.3 billion. Lockheed said in October it had reached a verbal agreement with the U.S. Air Force for a five-year contract to build up to 83 C-130J transport planes for the Air Force,...
The country's Defense Ministry says it is building a 50,000-ton vessel in the northern port of Dalian.
The deals include building Russian-designed Kamov helicopters in India and for the location of a new nuclear power plant, the Financial Times reports.
Funding rounds the secretive company at $20B
Howard Rubel, Jefferies defense analyst, likes defense contractor Harris Corporation, as he looks ahead for the defense sector in the new year.
CNBC's Jane Wells shares her top predictions for the defense sector in 2016.