Aerospace Group:

Congress

Senate Gives Export-Import Bank a Lifeline

Valerie Insinna

Monday, July 27th, 2015

SHARE:

The Senate pushed forward an amendment over the weekend that would reauthorize the Export-Import Bank, which guarantees loans to foreign entities to buy products from United States businesses.The 67-26 vote ended debate on the amendment, paving the way for senators to add it to the federal highway spending bill. A vote to do that is expected to occur later Monday.Reauthorizing the bank is seen as a boon to the defense industry, as officials from industry organizations have said the bank provides…

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]