Reaching Gov. Eric Holcomb’s goal would entail boosting the amount of federal defense dollars spent in Indiana to at least $10.2 billion in the next five years.
Rolls-Royce in Indianapolis has been selected to build the jet engine to power the revolutionary MQ-25 Stingray.
Allison Transmission is concerned its specialized combat-vehicle transmission production line, which accounts for more than $100 million in annual revenue, is under threat.
The three-year project involves research into and development of materials and structures for reusable hypersonic aircraft, which travel at five times the speed of sound.
To counter defense-spending increases, the president plans to propose corresponding cuts to domestic programs and foreign aid.