Schoomaker: Budget squeeze would shrink the Army

Article Abstract:

The US Army chief of staff, Gen. Peter Schoomaker reported in April 2006 that the services could get smaller in size if the Army experiences budget pressure in the months and year ahead. Additionally he believes that two years of supplemental spending measures would be required to repair and replace the equipment that has come into heavy use during the prolonged length and pace of combat operations.

Government expenditures, Executive changes & profiles, National Security, Defense Administration & Finance, Dept of the Army, Officials and employees, Beliefs, opinions and attitudes, United States. Army, Defense spending, Defence spending, Government finance, Schoomaker, Peter J.

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Raytheon posts solid results for fourth quarter and all of 2003

Article Abstract:

Profits of Raytheon Co., the fourth largest defense contractor, have increased after receiving numerous contracts from the Pentagon during 2003. However, persistent pension costs have resulted in a fall of the company's outlook for financial results in the year 2004.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Sales, profits & dividends, Company sales and earnings, Electronics industry, Company earnings/profit, Raytheon Co.

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