Business

How Defense Offsets Help Drive the Global Defense Industry

The market for offsets, or pledges defense contractors make with foreign governments to secure future business, is set to double in the next five years. By Patrick Costello

Business

Military Pay Raise Set for 1 Percent

The final version of the fiscal 2015 defense authorization bill, which the House could vote on this week, includes a 1 percent pay raise. By Kellie Lunney

Business

Obama’s New Look Pentagon Trio of Carter, Work, Kendall Excites Defense Industry

With President Obama’s expected nomination of Ashton Carter to become defense secretary, the Pentagon would have one of the strongest, business-focused management teams, defense experts say. By Marcus Weisgerber

Business

Is the Pentagon Wasting Billions on a Tracking System for Its Contractors?

The Project on Government Oversight levied a stern warning at the Pentagon's over-reliance on contractors enjoying too little scrutiny. By Charles S. Clark

Business

Defense Firms Could Be Skeptical of Investing in Research

Top Pentagon leaders have been calling for large companies to spend more of their own money on research projects, but making a case might be difficult. By Marcus Weisgerber

Business

Veterans and Troops Lament Losing Advocate in Hagel

Troops and veterans say they lost an advocate and sympathetic ear in Hagel. By Gordon Lubold

Business

A Look Back at Chuck Hagel’s Tenure as Defense Secretary

In the 21 months that Defense Secretary Chuck Hagel was on the job, he faced everything from the budget crisis in Washington to the rise of ISIS. By Kedar Pavgi

Business

Flournoy Pulls Out of Defense Secretary Race

Michele Flournoy pulls herself out of contention to replace Defense Secretary Chuck Hagel. By Kevin Baron

Business

Defense Secretary Chuck Hagel Is Resigning

The defense secretary is leaving the top post at the Pentagon after less than two years in office. By Stephanie Gaskell

Business

Navy May Allow Sailors To Take a Break From the Military

The chief of naval personnel says the service needs to adapt to the changing job market. By Marcus Weisgerber

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Business

What the US Navy of the Future Looks Like

Chief of Naval Operations Adm. Jonathan Greenert previews the Navy's new course in increasingly hostile international waters. By Janine Davidson and Sam Ehrlich

Business

DOD To Spend Billions More on Nukes

The Pentagon announces a series of changes it plans to make to its nuclear forces following embarrassing scandals, including spending billions of dollars more. By Marcus Weisgerber

Business

Bob Work's Quest To Fix The Pentagon's Budget

The Pentagon’s budget process has been turned on its head after 5 years of congressional gridlock, but that’s not stopping Deputy Defense Secretary Robert Work from trying to fix it. By Marcus Weisgerber

Business

The Unemployment Rate for Post-9/11 Vets Still Tops the US Overall

A new study from RAND sheds light on the obstacles and complications in the way of ending what's become a lasting trend. By Kellie Lunney

Business

6 Charts That Show What Defense Personnel Really Think About the Acquisition Process

In a new poll, the Pentagon's weapons buyers lay out their biggest concerns. By Katherine Peters

Business

83,000 American Veterans Are Still Missing in Action

The Government Accountability Office estimates that up to 35,000 of them can eventually be identified. By Brian Resnick

Business

How the Defense Department's Procurement Problems Are Hurting National Security

The Pentagon spends too much time and money buying weapons that don't deliver. By Marcus Weisgerber

Business

Ahead of Veteran’s Day, VA Announces Major Reforms

VA Secretary Bob McDonald just announced a major overhaul of the government's second-largest agency. Will it work? By Ben Watson

Business

Hagel Approval Rating Just 26 Percent Among National Security Workers, Troops

Defense Secretary Hagel’s logs a rock-bottom approval rating among his own workers as Obama reportedly considers cabinet shakeup. By Gordon Lubold