Pentagon Planning Cuts to Fighter Jet Program -- NYT
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The Pentagon is planning sharp cuts in  the Air Force's program for its new F/A-22 fighter jet in a  move budget analysts said was intended to offset mounting U.S.  deficits and the growing costs of the Iraq war, Wednesday's New  York Times reported.
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The world's most expensive military project, the F-35 Joint Strike Fighter, is due to take to the skies next week.
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Under 9/11 commission's proposal, control of military spy budget would shift away from Defense Department.
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Lockheed Martin Corp.   has received two U.S. Air Force contracts totaling &#36;716 million to continue work on its F/A-22 Raptor fighter jet, designed to be the world's most capable, amid reports the &#36;72 billion program may be scaled back sharply, the company said Friday.
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The U.S. military says it will suspend sales of spare parts for the F-14 jet fighter sought by Iran
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US Navy came close to firing on 'attack craft' over weekend, CNN reports
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The Pentagon has told the White House and Congress that it plans sharp cuts in the Air Force's program for the F/A-22.
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Defense Secretary Donald H. Rumsfeld is taking a step back from initial plans to cut the Army to pay for new technology and a new way of war.
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Lockheed Martin Corp.  was awarded a $400 million contract for F-16 aircraft sales to several foreign countries and also won a $248 million contract to support the F-22 weapon system, the Pentagon said on Friday.
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The board of Airbus parent EADS  is expected on Tuesday to decide on a cost-cutting program and assess the impact of the latest delay in its A380 superjumbo plane, which one newspaper report said could now slow 2007 deliveries to just two aircraft.
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A new think tank run by former U.S. defense officials has published a detailed plan that would have the United States withdraw from Iraq in phases, beginning next month and ending in 2012.
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The US military was investigating Thursday a National Guard F-16 fighter jet that fired 25 rounds through a New Jersey school. The rounds were fired on a nighttime training
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Planemaker Boeing Co. expects Pentagon  budget cut proposals to hit its top defense programs, the head  of its military business said in a newspaper interview  published on Friday.
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The Bush administration is facing the prospect of a sharp cut by the Democratic-contolled Congress in its request for $310 million to begin development of a missile defense program designed to defend against potential "rogue state" attacks on Europe and the United States.
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The board of Airbus parent EADS   is expected on Tuesday to decide on a cost-cutting program and  assess the impact of the latest delay in its A380 superjumbo  plane, which one newspaper report said could now slow 2007  deliveries to just two aircraft.
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After decades on the sidelines, U.S. defense contractors are eyeing India's growing military budget and aging arsenal as a multibillion-dollar opportunity that could help offset a projected slowdown in Pentagon weapons spending and extend production lines for such items as the F-16 fighter.
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The Navy would retire one of its 12 aircraft carriers and the Air Force would reduce its buy of F-22 stealth fighters under budget proposals being discussed in the Pentagon, officials said Thursday.