Friday, December 19, 2014

Navy Jettisons More Than 1,100 Tomahawk Missiles, $1.8B From Procurement Plan

The Navy's fiscal year 2015 budget lops off $1.8 billion and five years of planned Tactical Tomahawk cruise missile purchases, "suspending" the production of one of Raytheon's franchise products as well as one of the Pentagon's most recognized weapons, while pledging $360 million to begin work on a replacement "next-generation land-attack weapon."

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