Report: Defense Companies Paying Less in Taxes

A new report from PwC that tracks the effective tax rates (ETR) for various industries shows a nearly three percent drop from 2012 to 2013 for aerospace and defense companies.  With revenues down, that means defense companies are not only paying a lower rate, but are forking over less total money to their governments.

The CIA is Stalking Me…Online

Everywhere I go she’s there, folded arms, smartly dressed in a blazer and white button-down, keeping an eye on me. Just a hint of a wry smile crosses her face as she lurks. She’s there representing the CIA, and the National Clandestine Service. Maybe I’m being paranoid, but she’s around when I’m taking a look…

Alexander Sits Down with Comedian to Talk NSA, Kittens

Former NSA and US Cyber Command chief retired Gen. Keith Alexander made an appearance Sunday on John Oliver’s new show, Last Week Tonight.  The first couple of minutes involve domestic surveillance.  Alexander, looking relaxed in retirement having concluded his controversial tenure last month, seemed to handle the questions calmly and attempted to provide standard talking…

The Man Who Would Be King of Cyber

His eyes are set deep, shrouded in heavy bags that betray the sleepless nights he’s spent at his desk without complaint, according to those who have worked with him. He likes to quote movies, a tic that’s common among Navy officers, and has a penchant for stuffing conversations with film references and an easy laugh,…

Iraqi Leaders Spend Week Pleading for Weapons

It’s an awkward relationship between US and Iraqi leaders.  At the end of 2011, after the two sides couldn’t agree upon the conditions for a continued US troop presence in Iraq, President Obama abruptly pulled forces out of the country leaving the still youthful Iraqi government to manage a difficult security situation.  Now the Iraqi…

Video: Drone Crashes into Lake

UPDATE: Word from a source that the drone was a DJI Phantom, a four rotor aircraft that’s about a foot across. Ontario Tourism, busy trying to capture the Limberlost Forest and Wildlife Reserve from the air, had a small drone go down this weekend.  It’s a pretty view, and the drone appears to be getting…

Shutdown Happens, Defense Stocks Go Up

Lest you think that the government shutdown would have a calamitous effect on all those who work with the government, think again.  Defense contractors are having a very nice Tuesday on Wall Street, up slightly, despite the continued political wrangling in Washington. The unofficial Defense News Stock Index, which is a price-weighted index we keep…