* Alan Krueger, Chairman of the Council of Economic Advisers (to the White House), on the reason why US GDP contracted by 0.1% in Q4 2012: “Federal defense purchases declined at an annual rate of 22.2 percent in the fourth quarter of 2012, the largest quarterly...
* Non-profit Transparency International asserts [PDF] that a vast majority of countries exert little, if any, political oversight of defense policy or scrutiny of defense procurement. Only Australia and Germany are ranked as at “very low risk” of...
* BAE will cut 300 jobs across 5 US states, two thirds of which at their Electronic Systems site in Nashua, NH, where 50 people were already laid off last year. * US AFRICOM is pondering establishing a base to operate UAVs out of a northwest African country such as...
* House of Representatives Budget Committee chairman Paul Ryan told NBC that he thinks the sequester is going to happen. Meet the Press | Reuters. * Senator Richard Durbin [D-IL] has been confirmed as the new chairman of the appropriations defense subcommittee. The...
* Adm. Jonathan Greenert, The US Navy’s Chief of Naval Operations, is freezing civilian hiring – like the Air Force earlier announced – and cancelling a lot of maintenance work that was scheduled between April and September (i.e. the end of the...
