News
Defense Industry Seeks Relief As Fiscal Cliff Draws Near
The defense industry is urging Congress to delay the fight over taxes and focus on avoiding the automatic budget cuts that begin in six days/.../
Putin Signs $2.9 billion Weapons Contract with India
Russia sealed $2.9 billion of weapons contracts Monday with India, as President Vladimir Putin visited his nation's top arms customer for the first time since returning to the Kremlin in May.
The Pentagon’s Decade-Long Spending Spurt Is Over: Welcome To The New Austerity
Since late 2011, defense contractors big and small have been planning for the previously announced reduction in defense spending of $487 billion over 10 years. But they could lose an additional $492 billion under sequestration, the automatic spending cuts that kick in on Jan. 2 if lawmakers on Capitol Hill and the White House fail to reconcile their differences.
Debt Reckoning: Military Looks To Phase In Spending Cuts
In last year’s budget talks, Congress set up the prospect of $500 billion in automatic cuts in military spending to help pressure political leaders to reach a broader deficit-reduction deal.
The End Of Advantage: Enemies May Catch Up With US Technology—Or Surpass It
The idea that militarily relevant technology, from missiles to GPS guidance, is proliferating ever more rapidly around the globe is not a new one. Nor is anyone predicting that the United States will be technologically backwards in 2030. But leading thinkers are increasingly concerned that, in a few key areas, potential adversaries, especially China, will erode America's technological advantage, catch up, or even surpass us.
Where’s The Beef? Krepinevich Slams Vagueness Of US Strategy
Where's the strategic beef? That's what Andrew Krepinevich wants to know.