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Breaking Defense

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Phebe Novakovic

Top DoD Buyer Shifts Programs To The Services

Posted by Colin Clark on


AUSA: Ellen Lord, the former Textron executive now heading the Pentagon’s acquisition shop, revealed today in her first public appearance since her confirmation that she is making fundamental changes in how the Office of Secretary of Defense starts and manages military weapons programs. This comes on top of internal Army reforms announced here by the… Keep reading →

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Debt Limits, General Dynamics, & Beyond: Defense Industry Braces For Sequester

Posted by Sydney J. Freedberg Jr. on


WASHINGTON: While the House has voted to extend the debt limit to May, the automatic federal spending cuts called sequestration still loom $90 billion large, half that bill for the Pentagon alone. Yet, as fourth quarter earnings calls begin, the defense industry and its stock values remain remarkably resilient. What gives? Or rather, what isn’t… Keep reading →

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