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Mike Stone

Pentagon discovers $81 million of U.S. Navy gear during audit

20 Nov 2019

WASHINGTON The Pentagon found $81 million of military equipment at a U.S. Navy facility that had not been inventoried, a top Pentagon official said on Wednesday as he described the Department of Defense second straight failed audit.

Pentagon gets failing grade in its second audit

16 Nov 2019

WASHINGTON The Pentagon has failed a comprehensive audit for a second year, though an official said it has made progress toward fixing accounting discrepancies that could still take years to resolve.

U.S. Congress panel leader reports slow progress negotiating 2020 Pentagon budget

13 Nov 2019

WASHINGTON U.S. legislators are making slow progress negotiating the bill that will set spending policy for the Department of Defense in 2020, the head of the U.S. House of Representatives Armed Services Committee said on Wednesday.

U.S. Congress panel leader reports slow progress negotiating 2020 Pentagon budget

13 Nov 2019

WASHINGTON, Nov 13 U.S. legislators are making slow progress negotiating the bill that will set spending policy for the Department of Defense in 2020, the head of the U.S. House of Representatives Armed Services Committee said on Wednesday.

U.S. to ease firearm export rules next month: sources

13 Nov 2019

WASHINGTON U.S. firearms makers will be able to more easily export guns, including assault rifles and ammunition, as early as mid-December under rules set to be finalized by the Trump administration, people briefed on the matter said on Tuesday.

UPDATE 1-U.S. to ease firearm export rules next month -sources

12 Nov 2019

WASHINGTON, Nov 12 U.S. firearms makers will be able to more easily export guns, including assault rifles and ammunition, as early as mid-December under rules set to be finalized by the Trump administration, people briefed on the matter said on Tuesday.

U.S. to ease firearm export rules next month -sources

12 Nov 2019

WASHINGTON, Nov 12 U.S. firearms makers will be able to more easily export guns, including assault rifles and ammunition, as early as mid-December under rules set to be finalized by the Trump administration, people briefed on the matter said on Tuesday.

Exclusive: Trump administration moves closer to easing gun exports

07 Nov 2019

WASHINGTON The Trump administration has passed a key milestone in a long-delayed rule change that would make it easier to sell U.S. firearms outside the United States, including assault rifles and ammunition, people briefed on the matter told Reuters.

Exclusive: U.S. withholding $105 million in security aid for Lebanon - sources

01 Nov 2019

WASHINGTON U.S. President Donald Trump's administration is withholding $105 million in security aid for Lebanon, two U.S. officials said on Thursday, two days after the resignation of Lebanese Prime Minister Saad al-Hariri. | Video

Bombardier to sell aerostructures business to Spirit AeroSystems

31 Oct 2019

MONTREAL/WASHINGTON Canada's Bombardier said on Thursday it had agreed to sell its aerostructures business to Spirit AeroSystems for more than $1 billion in cash and debt.

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