arms sales

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Pentagon to Add 20K Jobs in Arms-Buying Overhaul

Obama says acquisitions program has 'run amok'

(Newser) - The Defense Department will add 20,000 jobs over the next 5 years in an overhaul of its $100 billion weapons-buying process, Reuters reports. New regulations will tie compensation more closely to performance, and the Pentagon will require “real, substantial” tax savings in any multiyear deals, a deputy defense...

Pentagon Seeks $15.2B Fighter Sale to Israel

US maker Lockheed Martin still developing next-generation jet

(Newser) - The Defense Department said today it wants to sell up to 75 fighter jets to Israel in a $15.2 billion deal for the aircraft expected to be the mainstay of air power in the US and several other nations for decades. The Defense Security Cooperation Agency said it notified...

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