Lawmakers Again Boost Abrams Funding, Eying Component Suppliers

By Sebastian Sprenger / April 28, 2015 at 11:30 AM
The House Armed Services Committee has proposed giving $408 million to Abrams modernization programs in fiscal year 2016, targeting component suppliers for a $40 million plus-up over what the Army requested. The increase is meant to prop up companies deemed by the Army to be so critical for the combat-vehicles portfolio that they cannot be allowed to face economic troubles, according to a congressional source with knowledge of the issue. Included in that category are companies making transmissions and components...

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