Business Services Industry
Bush's plan for defense.
Kiplinger Letter, The, February, 2002
Bush won't let Congress gut missile defense effort to shift funds to other programs. He'll dig in and get enough Democrats to go along.
All told, it means about $370 billion for the Pentagon next year, a nearly 10% hike and most of what the president wants. Military housing and other benefits for those in uniform will be sweetened, plus...
Contractors will share a huge procurement pie...$72 billion to restock weapons used in Afghanistan and build inventory for future use. The pro-defense mood will save the V-22 Osprey and other iffy projects.
And there'll be extra cash for high-tech weapons, such as sensors, optics, drones, precision munitions and missile-tracking electronics. Big winners include Raytheon, Northrop Grumman, Rockwell...
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