News
Trump’s Defense Secretary Pick May Have Doubts About Land-Based Nuclear Missiles
"There may not be as much of an open wallet for every defense program as I think some people had anticipated," said Katherine Blakeley, a research fellow at the nonpartisan Center for Strategic and Budgetary Assessments.
Trump Needs to Get Tough With China, New Study Says
President Obama failed to strongly challenge China's "adventurism" in the South China Sea, and now President-elect Trump must get tough with Beijing to reverse the country's "effective control over one of the world's most important strategic waterways," a new report says.
Trump Tweet Hits Lockheed Stock Hard
“There is no arguing with the point that it’s had its growing pains and some of the growing pains were severe,” said Mark Gunzinger, senior fellow at the Center for Strategic and Budgetary Assessments, a defense research institute. “But at this point, frankly, it’s not experiencing the kinds of problems it was experiencing even three to four years ago.”
Trump’s Twitter Attack on the F-35 Is Only His Latest on the Stealth Fighter
"We think we know kind of how volatile everything is going to be in the future, and it turns out we have no idea," said Katherine Blakeley, a research fellow at the nonpartisan Center for Strategic and Budgetary Assessments.
Latest Trump Target; The F-35 Joint Strike Fighter Program
Another day, another market-moving tweet from the future President of the United States. This time the target was defense contractor Lockheed Martin, and its F-35 Joint Strike Fighter program. In the tweet, President-elect Trump called the F-35 program and its cost, “out of control” and pledged to save billions of dollars in military and other spending once he takes office. Shares in Lockheed and other defense contractors promptly dropped. But fixing concerns with the F-35 program is no easy task.
Federal Funding Bill Sets the Table for Trump
The Senate continues to negotiate a bill funding the federal government into the spring. Congressional Republicans wanted to extend the measure through September, the end of the government’s fiscal year. But the incoming Trump administration pushed for the shorter-term funding so the next president can put his stamp on the government as soon as possible.