Wednesday, March 9, 2011

U.S. Marines Face Major Procurement Losses If U.S. Military Budget Is Not Passed

Marines Face Huge CR Procurement Loss -- DoD Buzz

The Marines face the “catastrophic” loss of up to one-third of their acquisition money –$563 million — if Congress does not pass an annual defense spending bill, Commandant Gen. James Amos told the Senate Armed Services Committee today.

A Continuing Resolution, Amos said, “could prove catastrophic” to Marine procurement.

Read more ....

More News On The Marines Concerned On losing Funds For Procurement

No Spending Bill Means USMC Could Lose A Third of Weapons Cash in ’11 -- Defense Tech
Navy says budget crisis threatens jobs, industry -- Reuters
GOP senators say funding for military programs can't wait -- The Hill

My Comment: It all comes down (like always) to the money.

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