Services Ask 3 Billion in Missiles Purchases
The armed forces seek authority to buy more than 3 billion dollars worth of guided missiles, with four years of procurement behind them. The figure covers actual purchases, excluding design and testing, and does not reflect total on-hand inventory or future budget requests. The move underscores a push to develop robot weapons to augment or replace conventional arms across the Air Force, Army, and Navy.
MENTIONED IN THIS ARTICLE
Washington
Air Force
Army
Navy
Eisenhower signs bill to fund farm price supports
President Eisenhower signed into law a bill granting $681.77 million to sustain the farm price support program for a few weeks. The measure, pushed through Congress on February 9, increases the CCC borrowing power by the amount and offsets losses tied to price support operations amid heavy recent loan activity. Stispending would raise CCC borrowing authority by $1.75 billion to $3.5 billion.
MENTIONED IN THIS ARTICLE
Washington
U.P
Eisenhower
Congress
Commodity Credit Corporation
Treasury
Ccc
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