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January 7, 2013News for the aerospace industry

  Today's Top News 
  • Sequestration delay doesn't stop worries over defense
    Defense-industry analysts and lawmakers opposed to Pentagon cuts say that while the sequestration deadline has been pushed back two months, the prospect of reductions still threatens. Sen. John McCain, R-Ariz., said he would "accept Pentagon cuts that are based on national security," but not those aimed primarily at balancing the budget. The defense industry, meanwhile, is making plans based on the expectation of leaner future budgets. The Hill/DEFCON Hill blog (1/6) LinkedInFacebookTwitterEmail this Story
  Defense 
  • Nomination of ex-senator Hagel as defense secretary may come today
    Former Republican Sen. Chuck Hagel may be named the new secretary of defense as early as today, say sources, a move that may trigger a difficult confirmation process in the Senate. The former Nebraska senator may come under fire in the Senate over his backing of defense cuts. Reuters (1/6) LinkedInFacebookTwitterEmail this Story
  • Sikorsky may be only bidder for Air Force helicopter
    Defense companies including Boeing and Northrop Grumman have confirmed that they are not bidding on the Air Force's contract for a search-and-rescue helicopter, apparently leaving only Sikorsky in the running, this feature says. The Air Force, which would not confirm it has only one bidder for the deal, said it has "acquisition procedures in place to proceed" regardless of the number of companies vying for the contract. Reuters (1/4) LinkedInFacebookTwitterEmail this Story
  • Defense firms are cautiously upbeat on sequester
    Defense-industry executives, though expressing concern that some cuts are coming to the Pentagon budget, say they are pleased that the sequestration deadline has been postponed. "I think they're going to find a way to provide a much gentler ramp to any kind of spending cuts, and I think [the cuts] will probably be less aggressive," said Brad Antle, CEO of Salient Federal Solutions. The Washington Post/Capital Business (1/6) LinkedInFacebookTwitterEmail this Story
  • 112th Congress failed to OK Navy ships' transfer
    The fates of old Navy ships are in limbo after the failure of the recently concluded 112th Congress to approve a normally routine transfer order allowing the ships to go to friendly nations. Transferring the ships would save the U.S. the cost of deactivating them; needed repair work would go to U.S. companies before the ships would be transferred. It's unclear if the order will be taken up by the new Congress. Defense News (1/6) LinkedInFacebookTwitterEmail this Story
  • Other News
  Commercial Aviation 
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  Space 
  • Lawmakers prepare for debate over space-program budget
    Although sequestration has been delayed, lawmakers will again face questions over the funding of NASA, and they await the White House proposed space budget for 2014. The recently concluded Congress before reaffirmed the space agency's spending priorities, but such an affirmation doesn't mean the 113th Congress won't have its own view on NASA funding. Aerospace Daily & Defense Report (1/4) LinkedInFacebookTwitterEmail this Story
  Hot Topics 

Top five news stories selected by AIA dailyLead® readers in the past week.

  • Results based on number of times each story was clicked by readers.
  AIA News 
  • AIA urges Congress, President to find a permanent bipartisan solution to sequestration
    Statement by Marion C. Blakey, President and CEO of the Aerospace Industries Association, on the failure to fix sequestration in the fiscal cliff deal: "While we are pleased Congress made some headway on tax elements of a deal to avert the fiscal cliff, we are concerned that they could not agree to a long term solution to fix a problem no serious person wants -- sequestration." Read more. LinkedInFacebookTwitterEmail this Story
  • Follow AIA on Twitter!
    If you aren't already, make sure to follow us on Twitter at @AIAspeaks to stay up-to-date on industry news. You can also "like" us on Facebook. LinkedInFacebookTwitterEmail this Story
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