BREAKING NEWS

Trump to nominate Textron executive for Pentagon acquisition post

WASHINGTON - US President Donald Trump intends to nominate Textron Systems Chief Executive Ellen Lord for the position of under secretary of defense for acquisition, technology and logistics, the White House said in a statement on Tuesday.
Lord, who must be confirmed by the Senate, would become the Pentagon's chief weapons buyer. In May, Trump proposed a budget that would boost Pentagon spending by $52 billion to $574.5 billion for fiscal year 2017.
Textron Systems Corp, a defense contractor, is a unit of Textron Inc.
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