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Business/Financial

Kyl Assails Officials Who Give Bailout Trillions To Banks, Brokers, Others — But Then Get Tough With Procurement Programs Like Missile Defense

DDN

Monday, April 27th, 2009

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While the federal government has lavished trillions of dollars on the banking, Wall Street brokerage, insurance, mortgage lender and other industries, with few strings attached except for CEO-pay conditions, the defense industry is being bled dry of funds vital to existing procurement programs. And a key senator cannot abide that disconnect. Sen. Jon Kyl of Arizona, the Senate minority whip, spoke before a National Defense University Foundation and National Defense Industrial Association breakfast in Washington at the Capitol Hill Club.…

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]