The conference report on the fiscal year 2016 defense authorization bill does not include any additional funding for Raytheon's Joint Standoff Weapon, according to a congressional source. The Navy in its FY-16 budget request asked for $21.4 million to shut down the JSOW production line. Service officials have said the decision was driven by fiscal constraints and a discovery that across the military services, the Defense Department has a sufficient inventory of JSOWs. The House version of the FY-16 policy...
