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Tony Capaccio

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Boeing-Textron V-22 said to be cut $1.75B by Pentagon

WASHINGTON - The Pentagon will eliminate 24 V-22 Osprey aircraft built by Boeing Co. and Textron Inc. from its five-year budget plan, saving $1.75...

Pentagon said to propose ending $6.8B missile, satellite program

WASHINGTON - The Pentagon will propose canceling a potential $6.8 billion Army missile program that pits Lockheed Martin Corp. against Raytheon Co., a Northrop...

Pentagon management of $2.6 billion for helicopters questioned

WASHINGTON - Pentagon officials may be mismanaging a $2.6 billion program that buys foreign-made helicopters such as the Russian Mi-17 and provides them to...

Navy weighs $8 billion contract with Textron, Boeing for Ospreys

WASHINGTON - The Navy is considering buying another 122 V-22 Ospreys from Textron Inc. and Boeing Co. for about $8 billion. The proposed contract, in...

Textron-Boeing V-22 has ‘laid to rest doubts,’ panel says

WASHINGTON - The V-22 tilt-rotor Osprey, four years after it was first deployed to war zones, “has laid to rest all doubts” about its...

Obama picks ‘safe’ security team with Panetta, Petraeus

WASHINGTON - President Barack Obama has stuck with a “safe” team of leaders he knows by choosing Leon Panetta as his next defense secretary...

U.S. Air Force to launch competition for 93 new helicopters

WASHINGTON - The U.S. Air Force announced on Monday it’s launching a competition for 93 new helicopters that would protect U.S. intercontinental ballistic missile...

Air Force sees up to four competitors for new helicopter program

WASHINGTON - As many as four companies may compete to build a new U.S. Air Force helicopter that would protect missiles and evacuate government...

Textron-Boeing V-22 still dogged by bad parts, the Pentagon’s top tester...

WASHINGTON - The V-22 tilt-rotor Osprey, five years after it was cleared for full-production, remains dogged by unreliable parts that reduce its availability for...
A PROPOSAL by leaders of a federal deficit-reduction panel, suggesting as much as $100 billion in defense cuts in 2015, contradicts the goals of Defense Secretary Robert Gates (photo) and faces a fight in Congress. /

Deficit panel leaders reject Gates on shielding defense budget

WASHINGTON - A proposal by leaders of a federal deficit-reduction panel, suggesting as much as $100 billion in defense cuts in 2015, contradicts the...

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