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Lockheed’s Bob Stevens on Sequestration: “We are hungry for more guidance”

Lockheed Martin Chairman and CEO Bob Stevens outlined the firm’s recent cost-cutting efforts and potential effects of sequestration during testimony before the House Armed Services Committee on Wednesday. The Defense Department is cutting $480 billion from its budget over the next decade and that amount could swell to nearly $1 trillion if sequestration takes effect …

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Report: GAO Offers Recommendations on Improving Pentagon’s Electronic Warfare Strategy

The Government Accountability Office recently released a report regarding the Pentagon’s incomplete electronic warfare strategy, Information Week reports. Billions of dollars have reportedly been allocated for weapons and communications systems which are hinging on the electromagnetic spectrum. The review found the Pentagon has yet to implement a detailed implementation plan …

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