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Space

Export-Import Bank Increasing Satellite Financing In Response To Foreign Competition

Monday, September 16th, 2013

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The Export-Import Bank has increased its satellite financing over the past three years in response to increased activity by United States-based exporters and foreign export credit agency (ECA) competition. Export-Import Bank Chairman and President Fred Hochberg last week told Defense Daily via a spokesman a few key American and European manufacturers dominate the satellite manufacturing and commercial space launch industry and that European ECAs often back up their exporters’ bids with financing offers. SpaceX's Falcon 9 rocket lifts off in…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]