Is Navy Mulling New Cuts?

Thursday, September 07, 2006
According to a Reuters report, the U.S. Navy has proposed cutting a Lockheed Martin Corp. missile program and a Northrop Grumman Corp. amphibious assault ship in its fiscal 2008 budget, but Pentagon leaders will make the final decision, analysts said. Navy officials declined to comment on its spending proposal for 2008, saying the Pentagon and White House must still review all proposals. The Bush administration is expected to send its massive government-wide budget proposal for fiscal 2008 to Congress in early February 2007. A defense industry publication, Inside the Navy, on Tuesday quoted Lt. Cmdr. Anthony Wright from the office of the Chief of Naval Operations as saying that the Joint Common Missile (JCM) was no longer in the Navy's 2008 budget proposal. Wright could not be reached for comment by Reuters. Lockheed said it remained committed to the JCM, which it is developing for the Navy and the Army. Spokeswoman Jennifer Allen said Lockheed was meeting all the technical, schedule and budget objectives for the program. (Source: Reuters)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

U.S. Backs S. China Sea Bilateral Talks

U.S. Secretary of State Kerry says backs bilateral talks; Philippines says dispute does not involve United States. U.S. Secretary of State John Kerry said on

Piracy Drops to 21-year Low, IMB Reports

Piracy and armed robbery at sea has fallen to its lowest levels since 1995, despite a surge in kidnappings off West Africa, according to a new report from the

New Details Emerge on Loss of USS Indianapolis

A Naval History and Heritage Command (NHHC) historian has recently uncovered information that sheds new light on the loss of the World War II cruiser USS Indianapolis (CA 35).

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pipelines Pod Propulsion Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0586 sec (17 req/sec)