House kills move to reinstate foreign military sales surcharge
The House has rejected an amendment to its procurement reform bill that sought to restore a recoupment charge on foreign military sales. The recoupment was established in the 1960s and allows the Defense Dept. to tack a 3-5% surcharge on the gross price of a military contract. Its aim is to recoup...
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.
Related Content
