Pentagon green-lights Lockheed Martin missile program or More Corporate Welfare

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The certification by John Young, undersecretary of defense for acquisition, technology and logistics, clears the way for the Pentagon to spend at least $4 billion more to purchase 4,000 additional standard and extended-range missiles over the next decade, said Jim McAleese, a defense industry consultant in Virginia. The Pentagon has already ordered 942 of the missiles at a cost of $590 million, McAleese said.

The President's fiscal year 2009 budget request includes $253.3 million for the Joint Air-To-Surface Standoff Missile prgram, including funding to purchase 260 missiles.

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