The House Appropriations Committee (HAC) endorsed yesterday a $530 billion defense budget after approving new provisions supporting the F-35 Joint Strike Fighter and M1 Abrams tank programs. The House is slated to take up the fiscal year 2012 defense appropriations bill next week, following the HAC’s markup yesterday. Senior committee members emphasized their support for Lockheed Martin’s [LMT] over-budget and behind-schedule F-35 program during the bill-writing session. The HAC, on a voice vote, approved an amendment that adds language to…
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CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]
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