September 20, 2010 / 6:29 PM / in 7 years

McCain sees defeat of GE-Rolls engine this year

<p>Senator John McCain (R- AZ) speaks at the Reuters Washington Summit September 20, 2010.REUTERS/Kevin Lamarque</p>

WASHINGTON (Reuters) - Republican Senator John McCain on Monday predicted that Defense Secretary Robert Gates will prevail this year with his bid to cancel funding for a second F-35 fighter engine being built by General Electric Co (GE.N) and Britain’s Rolls-Royce Group PLC (RR.L).

“I think he’s going to win on the alternate engine,” McCain told the Reuters Washington Summit, citing Gates’ repeated threat to recommend a presidential veto of any bill funding the engine, as well as mounting public outrage over wasteful government spending.

Gates was “as influential a secretary of defense as I can ever remember,” McCain said, noting that Gates had already succeeded in cutting funding for the Boeing Co (BA.N) C-17 transport plane, another big arms project that had been strongly supported by Congress.

Reporting by Andrea Shalal-Esa; Editing by Leslie Adler

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below