US CEOs urge passage of fiscal 2011 Pentagon budget
The chief executives of 14 U.S. defense companies recently urged Congress to pass a defense spending bill for fiscal 2011 instead of extending the current stopgap measure that keeps funding at 2010 levels. The failure of lawmakers to pass a defense appropriations bill for fiscal 2011, which began Oct. 1, could have serious consequences, the CEOs of Lockheed Martin Corp., Boeing Co's defense business and a dozen other companies said in a letter to congressional leaders.
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