The House approved a compromise version of the $633 billion defense spending bill Thursday that includes lifting of some restrictions on satellite exports, Reuters reports.David Alexander writes the chamber approved the bill by a 315-107 vote, sending it to the Senate for approval before heading to the White House for final signature.
Rep. Adam Smith (D-Wash.), ranking member on the House Armed Services Committee, said U.S. manufacturers have lost nearly 40 percent of their global satellite market share shrink over the last 15 years, according to Reuters.
Alexander writes base funding for the Pentagon in fiscal year 2013 will total $527.5 billion, the overseas operations account will receive $88.5 billion for overseas operations and $17.4 billion was allocated for the Energy Department’s nuclear programs.
House and Senate negotiators worked this week to reconcile both chambers’ versions of the National Defense Authorization Act and reached a deal Tuesday.
