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Business/Financial

Obama’s Missile Defense Cuts Prevail In Both Senate Armed Services Panel, And In Entire House

DDN

Monday, June 29th, 2009

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Funding Restoration Amendments Are Rejected Even More Cuts May Gouge Missile Defense Programs In Future Years, Lawmaker Warns Both the entire House and a key Senate panel backed President Obama's quest to slash $1.2 billion from ballistic missile programs, as amendments to continue full funding of the missile shield systems were voted down. Further, this blood-letting for the missile shield may be just the opening salvo in a multi-year war against the missile shield programs, with one lawmaker predicting that…

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]