U.S. military modernization will get a boost from an $11.2-billion congressional add-on to the Fiscal 1997 Defense Authorization Act that President Clinton has reluctantly signed into law. The total $265.6-billion defense budget for the Fiscal Year that begins Oct. 1 includes an extra $914 million for the Ballistic Missile Defense Organization in support of accelerated national and theater ballistic missile defenses. Of the $914 million, increases to the President's request ...


You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Military Modernization Wins Budget Boost".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.