Senate and House conferees agreed late last week to hold the Fiscal 2006 supplemental appropriations for the war on terror and hurricane recovery to $94.5 billion—more than the House proposed, but much less than the Senate version. The President had requested $98.7 billion and vowed to veto the measure if lawmakers went above the Administration request. The conferees agreed to fund DOD at the Administration’s request of $65.8 billion. (Find the Senate summary here and the House here.)
Facing competition from fast-growing startups, Lockheed Martin is speeding up production of an “affordable, scalable” hypersonic glide body, dubbed the Next Generation Glide Body, the firm said in a June 24 release.