Defense Budget

Lockheed Martin Doubles Job Cuts

Associated Press

June 30, 2011 FORT WORTH, Texas - Defense contractor Lockheed Martin plans to cut 1,500 additional jobs, saying Thursday that it needs to reduce costs at a time when the Pentagon has pared back spending. The announcement of job cuts within its airplane-making business arrives just two weeks after the company announced 1,200 job cuts in i... more

Budget Analyst Careers in Public Sector

Military.com

Want to use your Excel skills for the good of all citizens? Consider a career in budget analysis. Although this job title conjures up images of accounting and auditing, budget analysis is policy work. Government budget analysts help elected officials divvy up trillions of tax dollars each year. "You can really have a positive influenc... more

Kendall Eyes More Funding for Industrial Base

Pentagon

Aviation Week's DTI  | Mar 05, 2013

This article first appeared in AWIN First. The Pentagon's top procurement official is considering a strategy of funding research and development projects despite ongoing budget pressure, a slight shift from his fervent push to only proceed with well understood, affordable programs. Frank Kendall, under secretary of defense for acquisition, say... more

Cuts to Ranks May Shock, But It's Happened Before

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Associated Press | Dec 19, 2012

COLUMBIA, S.C. - A war over, the Army heeds Congress' demands to cuts costs by paring its ranks. But the nation's economy is weak, and unemployment rates are high. It's an uncertain time for thousands of service members and their families. Sound like today? It's a scenario that has played out previously when big conflicts end, most recently two... more

Troops to See 1.8 Percent Pay Raise if Bill Passes

Stars and Stripes  | May 22, 2013

WASHINGTON -- Troops would see a 1.8 percent pay raise and Tricare users would see their fees unchanged under a budget bill proposed by House Republicans on Tuesday. The early draft of the annual defense authorization bill also includes plans to eliminate 24 general and flag officer billets, prohibit commanders from dismissing most court martia... more

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