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

Navy

Russian, Azerbaijani Navy to Hold First Ever Joint Drills in Caspian Sea

About 10 Russian and Azerbaijani ships will take part in a joint naval exercise in the Caspian Sea for the first time; RIA Novosti cited the statement of Russia’s Southern Military District.

India-ASEAN Naval Cooperation On

The Indian Navy's indigenous offshore patrol vessel, INS Saryu, will participate in a week-long ASEAN Regional Forum (ARF) Disaster Relief Exercise (DiREx).   According to an official statement,

DMW Marine Takes the Lead in Military Cranes

DMW Marine Group, LLC. has completed a number of projects for the U.S. Navy and foreign Navies in recent years, claiming a place as a go-to supplier for Navy departments globally.

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Pipelines Pod Propulsion Salvage Ship Repair 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: 0.0955 sec (10 req/sec)