House and Senate negotiators met June 24 to try to hammer out a compromise bill to gain a handle on the reports of problems piling up at the VA, but they immediately began stumbling over the potential $50 billion-a-year price tag.
The problems at Veterans Affairs extend far beyond long wait lists, with a report June 24 showing the department is plagued with poor care that has cost up to 1,000 veterans their lives and left taxpayers on the hook for nearly $1 billion in malpractice settlements since the beginning of the wars in Iraq and Afghanistan.
The U.S. Air Force said June 24 it had awarded Lockheed Martin a contract valued at $1.9 billion to complete work on two more missile-warning satellites as part of the Space-Based Infrared Systems system.
The processes that govern – and often stymie – how the U.S. military buys weapons could be the biggest threat to America, a former Pentagon official said June 24.
Even in this day of deeply divided government, lawmakers on both sides of the aisle agree that there are fundamental flaws in how the Pentagon buys weapons systems. Beyond that, there is little consensus on what can be done about it.
The British consortium which provides Airbus A330 inflight refueling tankers for the Royal Air Force has leased one of the aircraft for holiday flight duties with Thomas Cook Airlines.
U.S. weapons makers must focus on affordability and be more upfront about the cost of new, cutting-edge technologies given a large “bow wave” of increased spending facing the Pentagon in the 2020s, Comptroller Robert Hale told Reuters June 24.
In its recent denial of industry protests over the U.S. Coast Guard’s Offshore Patrol Cutter design contracts, the U.S. Government Accountability Office Comptroller General showed a pretty keen interest in past-contract performance. Contractors may be wise to take note.
India is ready to export locally developed defence equipment at competitive prices to friendly countries and is in the process of devising the means to do so, the head of the country’s premier weapons agency said June 22.
Turkey’s new procurement chief has said the country should prioritize what he calls “smart systems” when planning future purchases.
Brazil’s Avibras and France’s Nexter signed a memorandum of understanding in June to develop the Camion Equipe d’un Systeme d’Artillerie 155 mm self-propelled howitzer so that it complies with future Brazilian Army mobility requirements.
Russia is on track to reduce its imports of Ukrainian defense technology and hardware by 95 percent by the end of 2015, Deputy Defense Minister Yury Borisov said June 24.
Russian Technologies (Rostec), the state-owned holding group for Russia’s defense industry, had consolidated revenues of RUB1.04 trillion ($30 billion) and made a profit of RUB40 billion in 2013, according to financial results released by the company June 20.
To make up for lost time and money, the Army has ramped up its combat training center rotations this year.
The Army has received additional AN/PRC-155 manpack radios under a supplementary contract with General Dynamics C4 Systems and Rockwell Collins.
The Navy released the name of a 31-year-old Navy SEAL killed June 23 in a parachute accident in El Centro.
The fleet’s longest-serving flattop is slated for a much-needed break from the deployment cycle next year, when it enters a16-month maintenance period, Naval Air Forces Pacific said June 24.
One month into its maiden deployment to Latin America, the U.S. Navy’s first Joint High-Speed Vessel is supporting a U.S. Southern Command-sponsored training event in the Caribbean designed to help regional navies improve capabilities for disaster response and also for countering maritime threats, such as illicit trafficking, the navy told IHS Jane’s June 20.
The U.S. Navy has dispatched numerous ships to Hawaii as it prepares for Rim of the Pacific 2014, the world’s largest international maritime exercise. It will involve 49 surface ships and six submarines from 23 countries this year, but the inclusion of one – China – will get an inordinate amount of attention.
Flights of F-35A fighters are grounded June 24 at Eglin Air Force Base, Fla., one day after a “significant fire” damaged one of the aircraft during takeoff.
A New York firm has revealed ambitious plans to send a spacecraft to Mars to bring back dust form the atmosphere in 2018.
Next year, Sir Richard Branson’s Virgin Galactic is expected to begin taking paying customers to space for around $250,000 a ticket.