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Mar 31, 2015

U.S. Sees F-35 Jet Spending Surpassing $10b/Yr in FY17

By Tony Capaccio and John Hughes (Bloomberg) — Spending growth from $7.5b approved this year for 38 jets coincides with increase to 66 in FY17,…

Mar 31, 2015

PMI Negotiating Crude Swaps With Eagle Ford, Bakken Producers

By Andrea Navarro (Bloomberg) — Petroleos Mexicanos “completely ready to start operating the swap,” negotiating with light-crude producers as co. awaits permit from U.S. Commerce…

Mar 31, 2015

Unilever Tops Oxfam Food-Co. Survey as Practices Seen Improving

Unilever Tops Oxfam Food-Co. Survey as Practices Seen Improving By Alan Bjerga and Holly Rosenkrantz (Bloomberg) — Large food cos including General Mills are slowly…

Mar 27, 2015

McCain Is ‘Closely Tracking’ Ford Aircraft Carrier Launch Glitch

McCain Is ‘Closely Tracking’ Ford Aircraft Carrier Launch Glitch By Tony Capaccio and Holly Rosenkrantz (Bloomberg) — Senate Armed Services Committee Chairman John McCain says…

Mar 26, 2015

Affleck, Gates Urge Senate to Sustain, Boost U.S. Foreign Aid

Affleck, Gates Urge Senate to Sustain, Boost U.S. Foreign Aid By Lauren Langille (Bloomberg) — Actor Ben Affleck, along with Microsoft founder and philanthropist Bill…

Mar 25, 2015

Cleaver Says Race May Play a Part in Lynch AG Vote Delay

By Lauren Langille (Bloomberg) — If U.S. Attorney Loretta Lynch were to lose nomination for Attorney General on Senate floor, it would be “another sign…

Mar 23, 2015

Marine Corps Has More Than $2b in Unfunded Requirements

By Tony Capaccio and Roxana Tiron (Bloomberg) — Marine Corps has ~$2.1b in requirements not funded in FY16 Pentagon budget request, according to list sent…

Mar 20, 2015

Air Force Buyer: Bombers to Be Bought Under Fixed-Price Contract

By Tony Capaccio and Kim Chipman (Bloomberg) — Air Force weapons buyer William LaPlante in interview says even first bombers procured will be under fixed-price…

Mar 19, 2015

Thornberry Urges Fellow Republicans to Back Higher Defense Ask

Thornberry Urges Fellow Republicans to Back Higher Defense Ask By Roxana Tiron and Laura Curtis (Bloomberg) — “I cannot see a circumstance where the Republican…

Mar 19, 2015

Huntington Ingalls Likely to Get $4b Carrier Deal in May: Navy

By Tony Capaccio and Lauren Langille (Bloomberg) — “I’m very confident we will award the contract” in that timeframe, Rear Admiral Tom Moore, the Navy’s…