WASHINGTON: Sean O’Keefe, who led the bold but ultimately unsuccessful campaign by EADS North America to win the contract to build a new airborne tanker for the United States, is stepping down from his post as CEO and chairman of the American portion of the company now known as Airbus Group Inc. But O’Keefe is… Keep reading →

The House of Representatives will vote on the 2014 National Defense Authorization Act later this week. Sequestration will be the giant hiding behind the door as the House Armed Services Committee has marked its bill to the Obama budget request, which means that the effects of sequestration are ignored by the bill (as they are… Keep reading →

CAPITOL HILL: Lockheed Martin CEO Bob Stevens and his fellow defense industry executives struggled to stay on their “sequestration kills jobs” message while they dodged repeated questions from Democrats about whether revenue increases were needed to avert the sequester. An exasperated Rep. Adam Smith, the top Democrat on the House Armed Services Committee, concluded the… Keep reading →

WASHINGTON: As jetlagged aerospace executives and defense reporters head home from a frankly discouraging Farnborough Air Show, Washington is gearing up for storm of stop-sequestration events this coming week. What it will actually accomplish is an open question. Sequestration has hardly been a quiet topic this past week, with a pointed, partisan, and unproductive exchange… Keep reading →