WASHINGTON — Four ex-Blackwater guards are pleading not guilty to multiple manslaughter charges stemming from a deadly 2007 shooting on the streets of Baghdad. Prosecutors say the heavily armed Blackwater convoy launched an unprovoked attack. Defense lawyers argue their clients, who entered their pleas Wednesday, are innocent men who were ambushed by Iraqi insurgents. The […]
Defense Department officials have submitted two funding-related requests to Congress, Pentagon Press Secretary George Little said here today. Officials are seeking $79.4 billion in overseas contingency operations funding for fiscal year 2014 and are asking Congress to allow Pentagon officials to reprogram $9.6 billion in fiscal 2013 funding, Little said. The reprogramming actions “are not […]
Keith Johnson, 46, and his wife, Angela Johnson, 44, of Maryville, Tenn., pleaded guilty today to their roles in a $9.7 million procurement fraud scheme. The Johnsons were indicted by a federal grand jury on conspiracy to commit wire fraud and wire fraud charges. Keith Johnson faces a maximum penalty of 20 years in prison, […]
While total revenues for the Defense News Top 100 are up +3%, defense-related revenues are down -3%. This is the second year of declining defense-related revenues. This revenue paradox for defense contractors is emblematic of a trend toward diversification toward commercial markets. In 2013, Waltham-based defense giant Raytheon Co. secured 1,713 contracts valued at $3.3 billion; […]
The Navy said Wednesday that it had suspended a ship-supply company for significantly overcharging on a contract, the second such suspension since mid-September. The company, Inchcape Shipping Services, owned by the Dubai-based Istithmar World, mainly supplies Navy ships in the Mediterranean and the Middle East. The Navy is already grappling with a criminal investigation of its […]
