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Defense Cuts: Small Business Feels It

CNBC - November 16, 2011, By Jane Wells, Correspondent

There are still some things made in America. Inside a massive building in Niles, Ohio, furnaces burning at temperatures of up to 4,000 degrees are melting titanium, a lightweight but strong metal which goes into airplanes, tanks, and artillery.

VA Beach Buys 18-Acre Property Near Naval Air Base

Purchase Part of Government-Funded Program Dedicated to Eliminating Encroachment on NAS Oceana

CoStar.com - November 16, 2011, By CoStar Research

The City of Virginia Beach recently paid $6 million to buy the London Bridge Commerce Center, an 18-acre mixed-used commercial property at 130 London Bridge Road in Virginia Beach.

Panetta Warns of Smallest Air Force Ever if Deep Defense Cuts Made

Fox News - November 15, 2011, Associated Press

The number of U.S. ground forces would drop to levels not seen since 1940, the Navy would drop to the smallest number of ships since 1915 and the Air Force would be the smallest ever, Defense Secretary Leon Panetta said in warning Congress of the dire implications of deeper defense cuts.

Navy to Buy 70 Baldwin County Parcels for Runway Extensions

al.com - November 15, 2011, By Guy Busby, Press-Register

FOLEY, Alabama -- Navy officials have begun efforts to buy property needed to expand two Baldwin County airfields to accommodate new training aircraft.

Panetta Tells Senators Sequestration Would Devastate DOD

U.S. Department of Defense - November 15, 2011, By Jim Garamone, American Forces Press Service

WASHINGTON, Nov. 15, 2011 – If the Joint Select Committee on Deficit Reduction cannot reach an agreement, the results would be devastating for the Defense Department, Defense Secretary Leon E. Panetta wrote in a letter to two senators yesterday.

Panetta Details Impact of Deeper Cuts in Military

Associated Press - November 14, 2011, By DONNA CASSATA

WASHINGTON (AP) — Defense Secretary Leon Panetta warned Congress on Monday that deeper defense cuts would leave the military with the smallest ground force since 1940, lead to possible months-long furloughs of civilian employees and force the Pentagon to recalibrate its national security strategy to accept "substantial risk."

State Forms Task Force To Protect Military Bases, Jobs

The Florida Senate - November 8, 2011, Senator Don Gaetz, District 4

Six Northwest Floridians named to panel established by Senator Gaetz

Six Northwest Floridians will join six other military and civic leaders from elsewhere in the state to form the Florida Defense Support Task Force, a high-level commission established to advocate for the state’s military bases and missions. The Task Force, appointed by Governor Scott and the legislature’s two presiding officers, takes up its duties at a time when the 7th Special Forces of the US Army and the F-35 are arriving in Northwest Florida while at the same time Air Force cutbacks threaten civilian and uniformed jobs at Eglin Air Force Base.

Defense Contractors Are Going To Go For The Civilian Market

Forbes - November 8, 2011, By Loren Thompson, Contributor

The U.S. defense industry is facing greater uncertainty in its core military markets than at any time since the Cold War ended, and maybe since the industry’s birth in the 1950s. As a result, even though most of the big business moves in the sector this year have been about divestiture and “deconglomeration,” the dominant trend going forward will be diversification.

Base Realignment, Closure 2005 garners major savings

Defense Logistics Agency - November 8, 2011, By Sara Moore

The 2005 Base Realignment and Closure legislation required the Defense Logistics Agency to change some of its business practices and take on new missions, but it also saved a lot of money and set the stage for future efficiencies.

Weighing Pentagon Cuts, Panetta Faces Deep Pressures

The New York Times - November 6, 2011, By THOM SHANKER and ELISABETH BUMILLER

WASHINGTON — Under orders to cut the Pentagon budget by more than $450 billion over the next decade, Defense Secretary Leon E. Panetta is considering reductions in spending categories once thought sacrosanct, especially in medical and retirement benefits, as well as further shrinking the number of troops and reducing new weapons purchases.