defense spending http://news.stlpublicradio.org en Defense Budget Excludes Boeing's F/A-18 Fighter Jets http://news.stlpublicradio.org/post/defense-budget-excludes-boeings-fa-18-fighter-jets <p>Boeing’s F/A-18 fighter jet built in Hazelwood was left out of the Pentagon’s $496 billion proposed budget for fiscal year 2015.</p><p><span style="line-height: 1.5;">With no additional funding for the Super Hornet and Growler jets &nbsp;the production lines are expected to shut down by the end of 2016, putting thousands of jobs at risk.</span></p><p><span style="line-height: 1.5;">Boeing official said in a statement that they were disappointed.</span></p> Wed, 05 Mar 2014 23:19:12 +0000 Maria Altman 34200 at http://news.stlpublicradio.org Defense Budget Excludes Boeing's F/A-18 Fighter Jets St. Louis Defense Industry Braces For Sequester http://news.stlpublicradio.org/post/st-louis-defense-industry-braces-sequester <p><span style="LINE-HEIGHT: 1.5">Earlier this week the Obama Admiration released a </span><a href="http://www.whitehouse.gov/blog/2013/02/22/what-sequester" style="LINE-HEIGHT: 1.5">state-by-state breakdown</a><span style="LINE-HEIGHT: 1.5"> of the $85 billion in cuts slated to kick in on Friday.</span></p> Fri, 01 Mar 2013 16:32:35 +0000 Adam Allington 9781 at http://news.stlpublicradio.org St. Louis Defense Industry Braces For Sequester 'Fiscal Cliff' Could Affect Mo. Economy, Budget http://news.stlpublicradio.org/post/fiscal-cliff-could-affect-mo-economy-budget <p>If officials in Washington don't reach a deal to avert the "fiscal cliff," Missouri could see a hit to its economy and budget.</p><p>The Federal Funds Information for States estimates Missouri could lose $1 billion of Defense Department spending on contracts and military institutions if federal spending cuts take effect in the new year. The Washington-based organization estimates those automatic cuts also could result in a $125 million reduction in federal grants to state programs, such as public schools and early childhood programs.</p> Tue, 11 Dec 2012 16:40:30 +0000 The Associated Press 7246 at http://news.stlpublicradio.org 'Fiscal Cliff' Could Affect Mo. Economy, Budget