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Before yesterdayMain stream

Industry groups lobby to kill proposal restricting defense stock buybacks

โ€œWe urge Congress to reject any further attempts to prohibit public companies from making decisions that are in their best long-term interests,โ€ industry said.

ยฉ The Associated Press

FILE - U.S. Air Force Staff Sgt. Cody Brown, right, with the 436th Aerial Port Squadron, checks pallets of 155 mm shells ultimately bound for Ukraine, April 29, 2022, at Dover Air Force Base, Del. The U.S. is sending another $400 million to Ukraine, pushing needed ammunition and generators to Ukraine from its own stockpiles, which will allow the aid to get to Ukraine faster than if the Pentagon procured the weapons from industry., getting needed heat and additional air defenses to Kyiv as winter sets in. (AP Photo/Alex Brandon, File)
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