Spending bill would add an extra 143 aircraft for the military
Congress seems to have come to an agreement on spending for fiscal year 2018, and military aircraft procurement is slated to receive a major bump, funding an additional 143 aircraft above the services’ requests.
That’s great news for major defense primes like Lockheed Martin and Boeing, both of which stand to make billions more from the additional sales.
A caveat before diving in: Although the omnibus language marks a big step forward after months of stymied negotiations and continuing resolutions, the bill still hasn’t been passed by Congress yet. The House and Senate must pass either a spending bill or CR before the end of this Friday, and it’s possible that various lawmakers could seek to obstruct the bill.
