Defense committees propose $150 billion for military enhancements

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Eric Fanning President & Chief Executive Officer, Aerospace Industries Association | Official website

Defense committees propose $150 billion for military enhancements

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A significant legislative development in defense funding has been announced by the Senate and House Armed Services Committees. Under the direction of Senator Roger Wicker and Congressman Mike Rogers, a proposal has been put forward to allocate $150 billion towards defense priorities.

Eric Fanning, President and CEO of the Aerospace Industries Association (AIA), expressed support for this initiative. "This legislation is a significant step toward modernizing America’s military capabilities for the needs of the future," Fanning stated. He acknowledged the investment's potential to enhance the defense industrial base and equip warfighters with advanced technology and resources.

"The $150 billion investment will not only boost our defense industrial base but also ensure that our warfighters are equipped with the latest technology and resources necessary to maintain our military superiority across every domain: air, land, sea, and space. We thank Chairman Wicker and Chairman Rogers for their leadership, and we look forward to continuing to work with them to provide ongoing investment in and stability for the defense industrial base," said Fanning.

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