Sign In
Search
Congress

Panetta To Hill: Don’t Resist ‘Targeted’ Cuts

Julie Samuel
SHARE:

The defense secretary called yesterday for lawmakers to let go of pet military projects as the Pentagon plans a strategy for slashing $450 billion in spending that emphasizes modernization and procurement cuts. Secretary Leon Panetta said at the Woodrow Wilson Center that the Pentagon’s forthcoming budget-cutting proposals will be “carefully targeted” to “avoid a hollow force, to ensure that we maintain a robust industrial base, and to protect the new military capabilities we need in order to sustain military strength.”…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Defense Watch

Defense Watch: Kastner on EO, ICBM Target, Stock Highs

International

U.S. Used Over 150 Aircraft In Operation To Capture Venezuela’s Maduro, Caine Says

Business/Financial

L3Harris Trims Operating Segments In Realignment

Air Force

SDA Surveying Industry On Ability To Provide Ground Entry Points For Tranche 3

Trending

HASC Seapower Chair Backs Battleship Concept, Reiterates Support For Navy’s F/A-XX
Zumwalt Installs Of Hypersonic Weapon Tubes On Pace, Testing For IOC Unclear
Lockheed Conducts Successful First Flight Test Of Stinger Replacement Offering
Record F-35 Deliveries, PAC-3 Production Framework Show Lockheed Martin Stepping Up, Hegseth Says
DHS Creates Program Executive Office for Drone and Counter-Drone Systems

Contract Updates

Chandler Construction Services Inc. (Ninety Six, South Carolina) – $16,471,000

Chandler Construction Services Inc., Ninety Six, South Carolina, was awarded a $16,471,000 firm-fixed-price contract for the furnishing, installing, and placing into successful operation of water main pipe. The amount of this action is $16,471,000. Bids were solicited via the internet…

M1 Support Services LP (Denton, Texas) – $68,822,271

M1 Support Services LP, Denton, Texas, was awarded a $68,822,271 modification (P00206) to contract W9124G-17-C-0104 for Army and Air Force aviation maintenance. The modification brings the total cumulative face value of the contract to $5,522,349,151. Work will be performed at…

Lake Union Drydock Co. (LUDC) (Seattle, Washington) – $12,683,144

Lake Union Drydock Co.* (LUDC), Seattle, Washington, is awarded a $12,683,144 firm-fixed-price contract for the maintenance, repair and preservation of YTT-10 (YTT-9 Cape Flattery-class torpedo trials craft) service life extension program. This contract includes options which, if exercised, would bring…

Innovative Professional Solutions Inc. (Panama City Beach, Florida) – $13,631,598

Innovative Professional Solutions Inc.,* Panama City Beach, Florida, is awarded a $13,631,598 firm-fixed price/cost-only contract for fabrication and installation of minesweeping winches.  This contract includes supplies for the government of the Republic of Korea (100%) under the Foreign Military Sales…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume