Washington Put up: Pentagon used funds for coronavirus response provides for jet engine elements, physique armor


Protection contractors had been awarded “lots of of tens of millions of {dollars} from the fund, principally for initiatives which have little to do with the coronavirus response” weeks after the $2 trillion stimulus bundle, the CARES Act, was handed in March, in line with the newspaper.
Corporations like Rolls-Royce and ArcelorMittal acquired $183 million to “keep the shipbuilding trade” and “tens of tens of millions of {dollars}” got for house surveillance, drone and satellite tv for pc know-how, the Put up reported. Spirit AeroSystems, Inc., a Wichita, Kansas plane elements enterprise, was awarded $80 million and American Woolen Firm, a producer of Military costume uniform material in Connecticut, was awarded was awarded $2 million, in line with the Put up.
The newspaper additionally reported that some protection contractors got the funds from the Protection Division whereas they had been additionally tapped into the Paycheck Safety Program, which allotted billions of {dollars} in forgivable loans to the small companies impacted by the coronavirus pandemic.

CNN reached out to the Protection Division for touch upon Tuesday.

The Protection Division acquired $1.2 billion for the Nationwide Guard’s coronavirus response by way of the stimulus bundle and a further $1 billion was out there for Protection Purchases Act purchases. In April, the Pentagon introduced it will spend $75.5 million by way of Protection Manufacturing Act funding to ramp up manufacturing of swabs wanted for coronavirus testing.


Leave a Reply

Your email address will not be published. Required fields are marked *


WP2Social Auto Publish Powered By : XYZScripts.com