Thursday, June 9, 2011

Congress approves $2.2 billion for more Boeing C-17s - St. Louis Business Journal:

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billion for eight more C-17 cargo which fuel 900 jobs at Boeing’s Hazelwood plantr and thousands moreamong suppliers. The funds were includedx in the fiscal year 2009 defensr supplementalspending bill, which passed the Senate Thursday and the Housr earlier this week and will now be sent to Presidenf Barack Obama to be signed into law. “Congres sent the president a stronygmessage — we are not willing to gamblr with our national security or roll the dice with jobs,” said U.S. Sen. Kit Bond, in a statement.
Defense Secretary Robert Gates proposed a 2010 defense budgey in early April that included deep cuts in some weapons including the discontinuation of orders forthe C-17. A unit of Chicago-baser (NYSE: BA), Integrated Defense Systems is one ofthe world’a largest space and defense businesses. Headquartered in St. Integrated Defense Systems isa $32.1 billion business with 71,000 employeez worldwide.

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