CALIFORNIA

U.S. Officials Believe Malfunction, Not Iranians, Downed Drone

US Navy test flies new drone stealth bomber
The unmanned U.S. drone Iran said Sunday it had captured was programmed to automatically return to base even if its data link was lost, one key reason that U.S. officials tell Reuters the drone likely malfunctioned and was not downed by Iranian electronic warfare.

Exclusive: U.S. Defense Firms Blast Pentagon on Contract Changes

IBTimes Logo
Over 100 U.S. aerospace and defense industry executives are urging Defense Secretary Leon Panetta to hold off on proposed changes to Pentagon contracts with industry, warning they would dampen competition, raise costs and lead to further layoffs at a difficult time.
More news
IBTimes Logo

Donations Staying Closer to Home This Holiday Season

When he retired two years ago, David Moskowitz promised himself he'd donate about 10 percent of his fixed income annually to charity. The 63-year-old from Niles, Illinois, had rarely deviated from his list of causes until two events this year made him reevaluate: the rise of Occupy Wall Street and the foreclosure on a neighbor's home after a layoff.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.