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Compromise Spending Bill Cuts GCV, Aircraft; Preserves Navy Shipbuilding

Compromise Spending Bill Cuts GCV, Aircraft; Preserves Navy Shipbuilding
Lockheed Martin's rendering of the three LCS variants for the international market.

The detailed spending bill Congress released Monday night generally preserves military procurement in fiscal year 2014, adding billions of dollars to Navy shipbuilding but slightly reducing the Joint Strike Fighter and V-22 Osprey programs and cutting almost all the Army’s funding for the Ground Combat Vehicle. The bill provides $92.9 billion for procurement, $63 billion for research and development and $160 billion for operations and maintenance--with a $487 billion total base budget for defense. The bill provides a full year’s…

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