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Business/Financial

Airborne Laser, European Missile Defense Gain Adequate Funding

DDN

Friday, November 9th, 2007

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The Airborne Laser (ABL) and the European ballistic missile defense (BMD) programs that once faced devastating funding cuts have rallied, with a House-Senate conference committee providing those programs most of the money that President Bush had requested. The House-Senate panel wrote the final compromise version of the Department of Defense (DOD) appropriations bill for the current fiscal year ending Sept. 30, 2008. While some authorizing House lawmakers at one point voted to whack roughly $400 million out of the $549…

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