On this week's Capital Impact show, BGOV economic analysts Nela Richardson and Christopher Payne examine JP Morgan's unexpected $2 billion derivatives loss. Plus, BGOV Defense Analyst Robert Levinson and Congressional Analyst Loren Duggan outline the FY2013 Defense Authorization bill.
In a Defense Department briefing Wednesday, Army Chief of Staff Gen. Raymond Odierno said service officials are closely examining the issue of women in infantry and armor ranks. Oiderno also said sequestration would thwart the Pentagon's existing plan for a streamlined force.
Four airmen have won the Air Force's most prestigious award for leadership in the military education field — The Secretary of the Air Force Leadership Award. The Force gives the award to airmen that show noteworthy leadership in the world of military education. The award was presented to one student each from the Air War College, the Air Command and Staff College, the Squadron Officer School and the Air Force Senior Noncommissioned Officer Academy.
Rear Adm. Diane Webber is the new deputy commander of the Fleet Cyber Command and the Tenth Fleet at Fort Meade, Md., according to a recent Defense Department release. Webber is currently the director of communications and networks at the Office of the Chief of Naval Operations. The Commander of Fleet Cyber Command is Vice Adm. Michael Rogers.
Several cyber functions will move from the Air Force Network Integration Center to the Air Force Space Command's new Cyberspace Support Squadron.
New flight restrictions on the F-22 and summoned help from Navy and NASA experts. Secretary of Defense Leon Panetta is backing up Air Force efforts to figure out why some F-22 pilots have experienced dizziness and other symptoms of an oxygen shortage while flying. His personal intervention signaled a new urgency. A secretary of defense typically does not get involved in a service-specific safety issue unless it is of great concern.
Facing a mysterious safety problem with the Air Force's most-prized stealth fighter, Defense Secretary Leon Panetta on Tuesday ordered new flight restrictions on the F-22 and summoned help from Navy and NASA experts.
Vendors wanting to provide cloud services to the government must first receive support from these nine organizations that they are meeting the cloud computing security controls.
The Defense Department had proposed having patients pay up to 14 percent of their health care costs by 2017, compared with 10 percent now.
A case in point is Great Britain had planned on buying the catapult-launch version of the F-35. But rising costs and delays caused Defence Secretary Philip Hammond to switch to another version.
The Defense Department has been testing ways to securely send cyber threat information to members of the defense industrial base for years. Now the information sharing pilot has been made permanent and could expand to as many as 1,000 companies.
Navy Capt. Ken Barrett said diversity is an issue "people get hung up on," but he's never looked at it as meeting quotas. "It's about making heads counts, not counting heads," he said. The profile is part of Federal News Radio's Federal Voices series.
The Air Force is sending its future test-pilots into cyberspace in recognition of the dangers cyberattacks can pose to the service's mission.
The Navy is joining with Maryland counties to study the effects of wind farms on radar.
The Pentagon says the way it buys certain commercial products has been abused for more than a decade. The Defense Department asked Congress to include new rules for buying commercial-of-a-type products, which are commercial in nature, but the military is the only or largest customer by far. Industry was pleased to see the House Armed Services Committee not include the change in the Defense authorization bill.