Replies to post #17627 on Laser Energetics, Inc. (LNGT)

[onarun]

An Army list of its equipment needs for the fiscal 2011 war budget included $445 million for Stryker upgrades, according to documents obtained by Reuters this week.[ID:nN20162904]
Army officials, keen to get started on the proposed upgrades before the fiscal 2011 budget can be enacted into law,are now seeking to pull those funds forward into a supplemental fiscal 2010 war spending budget, which would give General Dynamics a boost even sooner, said one source familiar with the discussions who was not authorized to speak publicly.
The Expeditionary Fighting Vehicle that General Dynamics is developing for the Marine Corps also survived the Pentagon budget process, despite widespread speculation about its cancellation after years of technical issues.