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 F-35 Joint Program Office has officially announced plans to issue multiple sole-source contracts to Pratt & Whitney to upgrade the fighter’s F135 engine—a widely expected move after Pentagon officials indicated they would do so earlier this year instead of developing an entirely new engine.