Business Services Industry
Connecticut Defense Contractors Score Victory in $401 Billion Defense Bill.
Knight Ridder/Tribune Business News, November, 2003
By Michael Remez, The Hartford Courant, Conn. Knight Ridder/Tribune Business News
Nov. 13--WASHINGTON-- he $401 billion defense spending plan approved 95-3 by the U.S. Senate Wednesday includes billions of dollars for weapons systems important to Connecticut contractors and their workers.
It does not include restrictive "Buy American" language, fiercely opposed by large aerospace and high technology companies, that was in the measure initially passed by the House.
After difficult negotiations between House and Senate conferees, the House adopted the compromise version Friday. It now goes to President Bush for his expected signature.
In another hard-fought compromise, the bill allows the Air Force to lease 20 Boeing 767 planes...
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