Pentagon Plans Deep Cuts in Costly F/A-22 Fighter
43886
The Pentagon is planning deep  reductions in spending on the costliest fighter jet ever built,  the Air Force's F/A-22 Raptor, amid rising spending on the Iraq  war, U.S. defense officials said on Wednesday.
449068
The F/A-22 Raptor, powered by a Connecticut company&#39;s engines, has emerged as an early target in the Pentagon&#39;s efforts to slash $60 billion over the next six years, but the
740610
Lockheed Martin Corp. and Northrop Grumman Corp. would bear the brunt of proposed cuts in U.S. weapons purchases totaling $30 billion over the next six years, according to the summary from a Pentagon budget document made available to Reuters Monday. -Reuters
313738
The U.S. Air Force needs nearly 20 percent more funds than in its current budget of more than $115 billion to buy in economic quantities, the service's top civilian said Monday.
138345
Lockheed Martin Corp's LMT.N F-35   Joint Strike Fighter program, the costliest U.S. arms   acquisition project, may fall victim to affordability setbacks   as a result of possible congressional budget cuts, a company   official said on Wednesday.
6757
The world's most expensive military project, the F-35 Joint Strike Fighter, is due to take to the skies next week.
226488
The bill for the Eurofighter combat jets developed by a consortium of four European countries is going to cost over 10 billion euros more than expected, the German magazine Focus has reported.
628043
Boeing Co.  on Friday said it plans to end production of the 717 airliner and raised cost estimates for a U.S. Air Force tanker program, resulting in charges of &#36;615 million, likely wiping out fourth-quarter profit.
171462
The Pentagon unveiled a plan on  Tuesday to nearly double to about $500,000 the cash payments  for families of U.S. forces killed in combat, responding to  demands from the U.S. Congress to improve benefits for troops  in Iraq and Afghanistan.
329772
The Pentagonâs proposed budget of $515.4 billion represents the highest annual military spending, when adjusted for inflation, since World War II.
580105
An effort to bar the Pentagon from selling surplus parts for the F-14 fighter jet &#151; a plane now flown only by Iran &#151; will be introduced in the House.
176014
Development of a new A350 Airbus jetliner set to rival the future Boeing 7E7 will cost four billion euros ($5.2 billion), the planemaker&#39;s sales chief said on Friday.
106369
Â· Military spending to hit highest level since WWIIÂ· Plans will leave successor with spending headache
619403
The Defense Department's new civilian personnel system will cost more than the $158 million estimated by the Pentagon, a congressional report suggests.
115571
The Bush administration wants to trim the Federal Aviation Administration's budget for buying new air traffic control equipment at a time when more planes are in the air.
457561
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.
100540
Two dozen senators Wednesday criticized a Pentagon proposal that would eliminate Lockheed Martin Corp.'s C-130J Hercules aircraft to save nearly $5 billion over the next six years.