Admiral sees Congress backing LCS in spending bills

Article Abstract:

Rear Admiral Charles Hamilton said at a Naval Sea Systems forum for defense journalists, that Congress would support the future Littoral Combat Ship (LCS) in the war on terrorism and fully fund it. LCS is a small and coastal fighter, and can perform a wide variety of missions, compared to all other platforms, which cannot bring such a wide variety of capability to fight as the LCS can.

Usage, Beliefs, opinions and attitudes, Naval vessels, Warships, Antiterrorism measures, Hamilton, Charles

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Major funding jump urged for port, maritime tech procurement

Article Abstract:

The need to provide a vast funding for port and maritime security by the Congress is described. This will enable the Navy to focus on buying new technology such as screeners to check cargo containers for weapons of mass destruction or terrorists slipping into U.S. ports.

National Security, Dept of the Navy, US Navy, United States. Navy, Coastal defence, Coastal defense

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Warren Buffet avoids defense industry stocks

Article Abstract:

Warren Buffet, one of the most successful investors on Wall Street, has not invested into the defense industry. It is suggested that his lack of interest may be related to the outlook for federal spending on defense.

Guided Missiles, Space Vehicles, Parts, Company investment, Investments, Defense industry, Buffett, Warren E., Defence industry

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