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Business/Financial

Boeing Bloodied As Gates Proposes Slashing Missile Defense Programs In Budget Proposal

DDN

Monday, April 6th, 2009

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Boeing ABL: No More Planes; Boeing GMD: No More Interceptors; Boeing EMD: Coasting On Old Funds Gates Plan Cuts 14 Percent Of MDA Funds; Aegis-Standard Missile Program Does Well, As Does THAAD System; Lawmakers Worried Just after North Korea yesterday demonstrated a vast advance in its long-range missile capabilities, Secretary of Defense Robert Gates today unveiled a budget plan that would freeze, slash or effectively terminate several missile defense programs, including the main protection against long-range missiles. But Gates said…

Congress

House Republicans Block Measure To Impeach Hegseth

House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]

Congress

Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid. Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]

Congress

No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]

Congress

Industry Groups ‘Urge’ Congress To Block Stock Buyback Restriction From Final FY ‘27 NDAA

More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]