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Business/Financial

EU Wants $12 Billion In U.S. Sanctions Over Boeing Subsidy Spat

Julie Samuel

Friday, September 28th, 2012

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The European Union (EU) asked the World Trade Organization (WTO) yesterday for permission to slap the United States with $12 billion in annual trade sanctions because the organization found this year that Boeing [BA] received improper U.S. government support. This call for U.S. penalties is the latest move in a trans-Atlantic trade dispute which also involves a U.S. challenge to support European countries gave airplane maker Airbus. This two-part trade battle was particularly heated in the halls of Congress when…

Congress

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Congress

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Congress

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House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]