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 Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Navy

Greece Wants EU Funding to Tackle Migrant Influx

Greece will ask the European Union for about 700 million euros to build infrastructure to shelter the hundreds of refugees and migrants arriving on its shores daily, the government said on Thursday.

Taiwan Eyes Budget for New Submarines

Taiwan’s defense ministry seeks financing to expand the country’s submarine fleet, reports Reuters quoting local media reports.   The government has allocated $92.

Chinese Ships Spotted off Alaska

Five Chinese Navy ships are sailing in international waters in the Bering Sea off Alaska coast, coinciding with President Barack Obama’s visit to the the U.S. state.

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage 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: 0.2248 sec (4 req/sec)