The House Armed Services Committee will start to mark up the Obama Administration’s $670.9 billion defense spending proposal for Fiscal 2012 next week, said Rep. Buck McKeon (R-Calif.), committee chairman, Thursday. The mark-ups will commence on May 4 when the subcommittees on emerging threats and capabilities; military personnel; strategic forces; and tactical air and land forces convene. On the following day, the subcommittees on readiness and on seapower and projection forces will take their turn to scrutinize the President’s proposal, which includes a $553.1 billion base request for the Pentagon and for Energy Department national security programs and then $117.8 billion for overseas contingency operations. The full committee will then come together on May 11 to complete the mark-up process.
Boeing Claims Progress on T-7 and Other Challenged Programs
April 25, 2025
Boeing appears to have become to overcome the problems that led to billions in losses on fixed-price defense contracts in recent years, point the company back toward profitabily, says Boeing president and CEO Kelly Ortberg.