A senior naval commander believes the Littoral Combat Ship (LCS) lacks appropriate firepower.
Another Deficit Driver: Contractor Pensions
Since the 1980s, private companies, the federal government, and several state governments have eliminated the uncertainties and risks associated with managing defined benefit pension plans (low interest rates, stock market declines, and an aging work force) and have migrated to defined contribution retirement options. However, many companies that contract with the federal government have continued to offer defined benefit plans, in part because the investment risks are absorbed by the taxpayers through reimbursements for pension shortfalls.
Sen. Harry Reid Hits a New Low
On Monday evening, March 18, seven U.S. Marines from North Carolina were tragically killed in a training accident at Hawthorne Army Depot in Nevada.
Checking in on contractor waste
In March of 2009, President Obama delivered a speech on procurement at the Eisenhower Executive Office Building in which he excoriated the outgoing administration for its irresponsible spending on government contracts.
Never Ending Problems for the F-35
For the F-35 Joint Strike Fighter, trouble has again reared its ugly head.
Odd Choices in Afghanistan
In late December 2012, the United States Air Force (USAF) did not renew its contract with Alenia Aermacchi, a subsidiary of Italian-based defense contractor Finmeccanica, to refurbish and supply 20 G222s (also known as the C-27A) for the Afghan Air Force (AAF).
Tanking the Taxpayers
The hundreds of millions of dollars in earmarks that Congress has approved for upgrades to the M1 Abrams are so “vital” for national security that the Department of Defense (DOD) has more than 2,000 of the tanks parked in a California desert.
Senate Appropriators Whiff on MEADS
Senate appropriators do not appear to have gotten the memo.
Transparency Leads to Defunding of MEADS
A little transparency certainly goes a long way.
F-22 Plagued by Recurrent Problems, Cost, Lack of Mission
On the heels of much-publicized difficulties with the F-22 Raptor’s oxygen system, the Department of Defense (DOD) has awarded Lockheed Martin a $19 million contract to retrofit an automatic oxygen system on 40 of the planes it originally sold to the Air Force.