A Message to Our ReadersMarch 16, 2012Dear Readers, Since 2008, the Wharton Aerospace & Defense Report has been a source of extensive defense-and aerospace-related news and knowledge, including coverage of the annual Wharton Aerospace Conference. It has been a great run and we’ve enjoyed bringing you numerous dispatches from around the industry... More Vendors Put Futuristic Gear for the Army on DisplayFebruary 24, 2012As the U.S. military sees its budget slashed, it is trying to find ways maintain its effectiveness. Some of the options for doing so seem to involve almost toy-like new equipment, but the military believes the devices might allow it to keep ahead of other countries, according to an article in The Miami Herald... More GE Moves Ahead with Next-gen Jet EnginesFebruary 24, 2012Despite the cancellation of the alternate engine program last year, General Electric said it will absorb the cost of developing next-generation engines that will lead to fuel savings and other efficiencies in the commercial and military sectors, according to an article by Reuters... More Top U.S. Weapons Buyer: Rushing F-35 Production Is ‘Acquisition Malpractice’February 17, 2012The Pentagon's chief weapons buyer said the Department of Defense's (DoD) handling of the F-35 Joint Strike Fighter amounted to "acquisition malpractice," according to an article in Defense News. The Lockheed Martin next-generation stealth fighter was approved to begin production years before its first test flights... More Survey Shows Need to Increase Network Security FundingFebruary 17, 2012American companies in the banking, utilities and communications industries need to invest almost nine times more into cybersecurity, according to a new study conducted by Bloomberg Government. That's because hackers, criminals and spies are tapping into U.S... More National Lab Seeks Partner to Commercialize Self-Guided BulletFebruary 02, 2012Sandia National Laboratories is seeking a partnership with a private company to commercialize a new guided bullet that its engineers have invented, according to the U.S. government lab, which is managed by Lockheed Martin... More Latest Aerospace & Defense News
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