“Before I took office,” IAI chairman Harel Locker said at a recent conference, “(I) realized that if the company did not change, it could collapse within a few years.”

Most NATO nations don’t pay much. Most nations CAN’T pay much. Most spend on the wrong things. But most of them are moving in the right direction.

WASHINGTON: When Indian prime minister Manmohan Singh meets with President Obama at the White House this Friday, the rise of China may not be on the official agenda, but it will be on everybody’s mind – and Beijing will be watching warily. Friday’s meeting will be just the latest in a series of summits that… Keep reading →

Deloitte LLP’s 2013 “Global Defense Outlook,” released today, is basically all bad news. Even the silver linings turned to lead when we talked them over this morning with the chief of the defense practice at the giant consulting firm, retired Air Force Gen. Charles Wald. As US defense spending staggers, there are some other places… Keep reading →