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…
House Appropriators Add F-35, Tank Support To Defense Plan
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