NEW YORK: Deep within the proposed U.S. military budget, a war is raging. Boeing and Lockheed Martin, two of the military’s biggest suppliers, are fighting over billions of federal dollars to replace and retrofit the Air Force’s heavy-airlift fleet. It’s a cash pot that’s not expected to grow much over the next 10 years, and it’s forcing Pentagon officials to make some tough decisions about what they choose to fund. So far it’s a battle Lockheed appears to be winning. In the proposed 2011 budget, the Defense Department ended its acquisition of Boeing C-17 Globemaster jets, saying it has more than enough large military transport planes to meet future needs. Full Story.
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