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At least two key U.S. lawmakers have not committed to greenlighting the Turkey F-16 sale, citing concerns beyond Sweden's NATO accession.
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If the first quarter is any indication, A&D is about to throttle up share buybacks and dividend payments into afterburn.
September 6, 2018 | International, Naval
By: David B. Larter WASHINGTON — The U.S. Navy has to be able to confront great powers in areas short of open warfare, the service's top officer said Wednesday at the second annual Defense News Conference. China and Russia have employed tactics to harass neighbors and challenge the U.S. Navy, from the former's island building projects in the South China Sea to the latter's harassment of U.S. forces at sea, which it has used to score political points with its population. Chief of Naval Operations Adm. John Richardson told the crowd that competition with other great powers has to be seen on a spectrum and that the Navy must compete in all realms to stay ahead. “This competition is [defined] by a spectrum,” Richardson said. “You've heard terms like ‘gray war,' ‘competition below the level of conflict': All of these sorts of phrases try to grasp at this very smooth spectrum, from competition all the way to conflict. Our response to that going forward is going to be key to ensure that we are not only competitive but ahead. It's not sufficient to be competitive, we want to be winning.” The Navy has to be competitive in all its warfare domains to achieve the objectives laid out in the recent National Defense Strategy, spearheaded by Defense Secretary Jim Mattis, that moves the military away from low-end counterterror operations and refocuses on high-end conflict. Full article: https://www.defensenews.com/smr/defense-news-conference/2018/09/05/us-navy-must-be-able-to-compete-in-gray-zone-conflict-says-top-service-officer