:

Business/Financial

European Investment Bank Supports EADS Innovation, R&D Programs

By Cal Biesecker

Tuesday, March 19th, 2013

SHARE:

The European Investment Bank (EIB) and the European Aeronautic Defense and Space Co. (EADS) yesterday said they signed an approximately $488 million finance contract in support of EADS Groups innovation and research and development programs. This project focuses on developing innovative products aimed at reducing the impact of aviation on the environment in terms of energy efficiency, pollutant emissions and noise, the statement said. It expects to develop effective solutions with a direct impact on aeronautics design and production, by…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

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 […]