Pentagon Avoids 'Stop-Work' Order On Next-Gen Aegis Missile, SM-3 IB Programs

By Jason Sherman / May 8, 2012 at 3:22 PM
Lawmakers have approved a Pentagon request to shift more than $300 million between missile defense accounts to support immediate needs, including funding required to avoid a stop-work order on the Next Generation Aegis Missile -- a weapon that figures prominently in the Obama administration's plan to defend Europe from Iranian missiles. On April 6, Pentagon Comptroller Robert Hale sent lawmakers a $311.5 million reprogramming request to shift fiscal year 2012 missile defense funding "in support of higher-priority items based on...

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