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Lawmakers have questions about the Pentagon’s decision to take equity stakes in defense contractors and to what extent the military is committed to shoring up other vendors in the missile propulsion business.

Defense: DOD’s equity stake approach draws scrutiny

Lawmakers have questions about the Pentagon’s decision to take equity stakes in defense contractors and to what extent the military is committed to shoring up other vendors in the missile propulsion business.

A recent House Armed Services Committee hearing revealed the breadth and scope of information defense hawks are still seeking surrounding the Pentagon’s plans to take a $1 billion equity stake in solid rocket motor maker L3Harris.

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