General Dynamics Marine Transport Vehicle Terminated
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Defense Secretary Robert Gates has canceled General Dynamics Corp.’s $15.5 billion Expeditionary Fighting Vehicle program as part of his drive to shift as much as $100 billion through 2016 to more urgent needs, according to officials.
“We think that Gates tomorrow is going to announce that this will not be in his budget request, that it’s canceled,” Representative Duncan Hunter, a California Republican and former Marine on the House Armed Services Committee, said in a telephone interview.