By Marina Malenic A World Trade Organization (WTO) ruling on an aircraft subsidies dispute expected this week should not be allowed to influence how a hotly contested multibillion dollar Air Force contract is awarded, Northrop Grumman [NOC] officials said yesterday. The WTO case, which has dragged on for nearly five years, was launched by Washington against European Union countries for allegedly providing illegal subsidies to Airbus. Boeing supporters contend that the alleged subsidies--estimated to be worth some $25 billion--gave Airbus,…
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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 […]
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 […]
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 […]
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 […]