Senate clears defense bill, rejects end to merger cost writeoff

The Senate yesterday approved, by a vote of 94 to 4, a $246.9 billion fiscal 1998 defense appropriations bill after overwhelmingly rejecting an attempt to end present law permitting Pentagon contractors to write off the cost of mergers. The bill will now go to conference, but with the House...

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.