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March 22, 2013

Headlines: March 22, 2013

News

Senator: Time to change military force law

The top Republican on the Senate Foreign Relations Committee said March 20 that Congress should overhaul the 2001 authorization for the use of military force to encompass the use of drones for targeted killings.

 

Business

Beechcraft moves LAS fight to courts, Congress

Beechcraft has escalated its challenge over the U.S. Air Force’s light air support contract, both in the federal court system and on Capitol Hill.

Bombardier says revenue growth could nearly double in five years

Canada’s Bombardier expects revenue to grow by more than 30 percent by 2015 and potentially nearly double over the next five years, largely due to a fleet of new aircraft, company executives told analysts and investors March 21.

EADS CEO predicts more defense industry consolidation

The chief executive of European aerospace firm EADS predicted more shake-ups in the defense industry March 21 as he painted a gloomy outlook for the sector both domestically and in export sales.

 

Defense

Pentagon urged to stop stalling, start planning defense cuts

The Pentagon needs to stop stalling and start figuring out how to cut its budget by $50 billion annually for the foreseeable future in a way that preserves U.S. national security, defense analysts from across the political spectrum said March 21.

 

Veterans

Vets visit Capitol Hill, demand better benefits

Iraq and Afghanistan Veterans of America brought 45 of its members to Washington, D.C., for a week to press for improvements in veterans’ programs, highlighted by a call for a presidential commission to make recommendations on how to reduce the backlog of veterans’ disability claims.

 

International

Dutch orders for F-35 likely to be scaled back

Dutch orders for the Pentagon’s F-35 warplane are likely to be cut back, sources close to the discussions said, citing cost overruns and delays in the program, uncertainty over the Netherland’s defense strategy and budget cuts across Europe.

Russia says U.S.-Georgia military exercises threaten peace

Russia criticized the United States and Georgia March 22 over their joint military exercises in the former Soviet republic, accusing Washington of putting peace at risk five years after a war between Moscow and Tbilisi.

 




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