Defense spending takes $500M hit
Spending on all defense programs except military personnel will be cut across the board by 0.22% or roughly $500 million as part of a deal negotiated between Congress and the White House on the remaining fiscal 2001 spending bills, sources told The DAILY yesterday. The $287.5 billion fiscal 2001...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
