President Obama signed a sweeping defense policy law Dec. 26 that cracks down on sexual assault in the military and eases restrictions on transferring detainees from the military prison at Guantanamo Bay, Cuba, to the custody of foreign countries.
Washington State faces a credit downgrade, higher borrowing costs and the loss of jobs and tax revenue should Boeing decide to move production of its new 777X jetliner to another state.
Raytheon leads top defense stocks that are hitting new highs Dec. 26 after the company announced it received an addition to an earlier deal with the Navy.
Emirates Airline has signed a firm agreement with Airbus for 50 additional A380s worth $23 billion, taking forward a deal that was announced at the 2013 Dubai Airshow.
Bombardier Aerospace announced Dec. 24 that it has received a firm order for 10 Challenger business jets from an undisclosed customer. The order includes five Challenger 300 jets and five Challenger 605 jets. The transaction is valued at approximately $280 million US, based on the 2013 list price for typically equipped aircraft.
Japan won local approval Dec. 27 to begin the relocation of a controversial U.S. Marine base on the island of Okinawa, a move that officials in Washington hailed as a major diplomatic breakthrough.
The Pentagon’s top civilian says it’s time to tame burgeoning military personnel costs, but he’s facing a test of wills with the nation’s powerful veterans groups, which don’t want their benefits cut.
The Pentagon is facing strong opposition from Congress to an environmental study of Minuteman III missile silos that is needed before 50 land-based strategic missiles can be deactivated under President Obama’s disarmament agenda.
A revamped Navy facility is making waves to see how ships fare in the unpredictable conditions out on the ocean.
Officials unveiled the new maneuvering and seakeeping, or MASK, facility at Naval Surface Warfare Center Carderock, Md., on Dec. 19, which simulates the kinds of waves sailors might encounter underway and tests how ships would handle them.
China’s homegrown satellite navigation system will bring untold economic, social and military benefits and other countries in Asia are welcome to use it, the director of China’s satellite navigation agency said Dec. 27.
From rocket-shaped playground equipment to faded murals of cosmonauts, mementos of the heyday of Soviet space exploration are scattered around this sand-swept town that launched Yuri Gagarin into orbit in 1961.