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Company Once Known As Blackwater Settles Arms Case

Posted: 08/07/2012 - The international security contractor formerly known as Blackwater has agreed to pay a $7.5 million fine to settle federal criminal charges related to arms smuggling and other crimes.

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Senate Panel OKs $604 Billion Defense Bill

Posted: 07/31/2012 - A Senate panel has approved a $604 billion defense spending bill that reverses proposed Pentagon cuts in Air Force personnel and equipment.

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GOP Senator Holds Up Vote On Air Force Nominee

Posted: 07/27/2012 - A Republican senator is blocking a vote on the White House pick for Air Force chief of staff over the service's response to a widening sex scandal at a Texas base.

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Panetta Approves Plan To Lift F-22 Flight Limits

Posted: 07/24/2012 - Defense Secretary Leon Panetta has approved an Air Force plan to begin lifting flight restrictions on the F-22 fighter jet, following the correction of oxygen deficit problems that grounded and restricted the fleet for months.

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Defense Firms Warn Of Job Losses From Budget Cuts

Posted: 07/18/2012 - The head of a major defense contractor is warning that he might have to lay off 10,000 workers if Congress fails to agree on an alternative to automatic budget cuts.

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Cybersecurity Chief Worries About Al-Qaida

Posted: 07/09/2012 - The head of the Pentagon's Cyber Command is cautioning that al-Qaida could acquire the ability to conduct destructive computer attacks on the U.S. very quickly.

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Navy To Resume Sinking Old Ships In US Waters

Posted: 07/02/2012 - The U.S. Navy is resuming its practice of using old warships for target practice and sinking them in U.S. coastal waters after a nearly two-year moratorium spurred by environmental and cost concerns.

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