MEADS funding decision imminent
A final decision regarding funding for the final test phase of the Medium Extended Air Defense System (MEADS) could be made within the next two weeks, MEADS International has stated.
According to Marty Coyne, director for business development at MEADS International, the US Senate's appropriations committee is expected to make a decision regarding the final $401 million investment required to complete testing by 2013.
'The US still has to appropriate funds for FY13 but if a nation defaults on the MoU, the US would be required to pay money committed to one way or another,' Coyne described.
Having completed its
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Daily news round-up email service
- Access to all Decisive Edge email newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Land Warfare
-
![Romania opens the chequebook and reorganises as it watches Russian aggression]()
Romania opens the chequebook and reorganises as it watches Russian aggression
Romania is retiring old systems, some Soviet, and replacing them with western equipment from countries such as Sweden and Turkey and boosting existing modern fleets.
-
![Milrem picks Texelis for partnership in drive to develop large UGV]()
Milrem picks Texelis for partnership in drive to develop large UGV
Milrem has delivered or is building a total of 200 Tracked Hybrid Modular Infantry System UGVs and has chosen Texelis as partner in its effort to develop a UGV.
-
![Sweden takes delivery of first M3 amphibious bridge and ferry system]()
Sweden takes delivery of first M3 amphibious bridge and ferry system
The most recent nation to join NATO has joined other member nations in using the M3 system.
-
![CV90 delivery to Slovakia imminent]()
CV90 delivery to Slovakia imminent
Slovakia is undergoing a radical refresh of its equipment, like many central and eastern European countries, and the arrival of new vehicles will form a substantial part of this.
-
![Mortar mobility: Patria’s TREMOS takes aim at the modern battlespace]()
Mortar mobility: Patria’s TREMOS takes aim at the modern battlespace
In conversation... Patria’s Lauri Pauniaho talks to Shephard's Gerrard Cowan about how high mobility levels are essential for mortar systems in the face of modern counter-battery fire, and how a new platform-agnostic module can combine existing vehicles and mortar barrels into a cost-effective new weapon system.
