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

Navy

SECNAV Completes Visit to Paraguay

Secretary of the Navy (SECNAV) Ray Mabus completed a visit to Paraguay Jan. 29 during which he met with Republic of Paraguay President Horacio Cartes to discuss

Australia Gives Landing Craft to the Philippines

The Australian Government will gift two recently-decommissioned Landing Craft Heavy vessels, including a package of spare parts, to the Philippines Government,

Cutlass Express 2015 Commences

Maritime forces from East Africa, South Africa, Europe, Indian Ocean nations, the United States and several international organizations began the fourth iteration

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.0944 sec (11 req/sec)