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Business/Financial

Franks, Republicans, Assail Obama Move To Drop European Missile Defense In Iranian Pressure Deal With Russians

DDN

Monday, March 9th, 2009

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Rep. Trent Franks (R-Ariz.) firmly criticized President Obama for reportedly offering a deal to the Russians, where the United States would back down from its plans to build the European Missile Defense (EMD) protection against Iranian missiles in exchange for Russian pressure on Iran. (Please see other stories in this issue.) The deal would have had Russia help to push Iran into abandoning its nuclear materials production program. However, Obama has denied he made that specific offer, saying instead that…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]