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Defense budget called into question: MEC meeting focuses on the importance of military to state and economy.

Publication: Mississippi Business Journal
Publication Date: 20-APR-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Defense budget called into question: MEC meeting focuses on the importance of military to state and economy.(60th MISSISSIPPI ECONOMIC COUNCIL ANNUAL MEETING)

Article Excerpt
The proposed budget of Defense Secretary Robert Gates represents a mixed bag for Mississippi. On one hand, the budget calls for the continued construction of the DDG-51 destroyers for the U.S. Navy, good news for Northrop Grumman's Ingalls shipyard, which builds the Navy destroyers. However, the proposed cap of F-22 Raptor fight production is bad news for the Lockheed Martin Subassembly Plant in Meridian where some of the fighters' components are manufactured.

Defense-related economic development was the focus of one of the morning sessions of the Mississippi Economic Council's (MEC's) 60th Celebration and Annual Meeting held last week at the Jackson Convention Complex. The panel included moderator Gray Swoope, executive director of the Mississippi Development Authority, Rolls-Royce North America Inc. vice president of naval marine programs Mike Worley and Joe Max Higgins, president and...

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