Both the House and Senate passed measures permanently increasing to $400,000 the maximum life insurance coverage available to service members and veterans. The action replaces the temporary increase passed earlier this year that was set to expire Sept. 30. The new maximum is retroactive to Sept. 1, 2005.
The Pentagon is investing $1 billion in L3Harris’ solid rocket motor business in a bid to shore up the U.S. government’s supply chain for a range of munitions.
