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National Defense August 2013 Lawrence P. Farrell Jr. |
Can Washington Get Us Back on Track? The origins of the current fiscal and political crisis that is affecting the defense community can be traced back to the months following the 9/11 terrorist attacks when the United States began to gear up for two major wars. |
National Defense May 2013 Lawrence P. Farrell Jr. |
New Budget Spells More Uncertainty for DoD President Barack Obama sent to Congress a proposed defense budget of $526.6 billion for fiscal year 2014. That top line, however, ignores the fact that it would be subject to a $52 billion sequester cut, as Congress mandated in the Budget Control Act of 2011. |
National Defense November 2007 Lawrence P. Farrell |
Plenty of Resources, But Even Greater Demand The politics of military spending have reached fever pitch as Congress attempts to pass the Defense Department's fiscal year 2008 budget and weighs massive war spending requests. |
National Defense January 2008 Sandra I. Erwin |
Bigger Budgets Disguise Larger Fiscal Dilemmas Nowhere is the financial outlook for the Defense Department more uncertain than in the procurement budget. |
National Defense December 2013 Sandra I. Erwin |
Budget Guessing Game: How Low Will It Go? As it became apparent that political dysfunction had replaced deliberate planning in Washington, John Hamre, CEO of the Center for Strategic and International Studies, called on the nation's policymakers to "define the bottom," and allow defense to resize accordingly. |
National Defense May 2012 Berteau & Murdock |
Defense Department Must Prepare for Deeper Budget Cuts The post-election bargaining over taxes and government spending will be intense and hard-fought. The Defense Department needs to make it clear to all the players what the real consequences for the nation's security are of ill-considered, deep cuts to a defense budget that is already on the decline. |
National Defense October 2013 Lawrence P. Farrell Jr. |
Defense Budget Picture Begins to Take Shape Major adjustments will be required across the defense community -- the military services, agencies, commands and industry. Significant decisions are becoming harder and harder to duck. |
National Defense November 2012 Lawrence P. Farrell Jr. |
Fiscal Cliff Watch: Running Out of Time to Fix the Mess If the House and Senate fail to act in the coming weeks, massive federal spending cuts will kick in Jan. 2. That is when the automatic sequester -- scheduled by law to implement phase two of the Budget Control Act of 2011 -- becomes effective. |
Military & Aerospace Electronics December 2006 John Keller |
Election Aftermath: What's in it for the Military? One potential target of the new Congress is the large supplemental spending budgets that fund military operations in Iraq and Afghanistan. |
National Defense August 2012 Lawrence P. Farrell Jr. |
Support for U.S. Troops Should Always Rise Above Partisan Politics Heated debate continues over the impact of $1 trillion in automatic spending cuts to the federal budget that could begin next year. |
National Defense December 2012 Sandra I. Erwin |
Defense Drawdown: It's Been All Talk, Now It's Time to Walk U.S. military spending peaked in 2010 at $668 billion. It has dropped slightly since then, as the military started withdrawing troops from Iraq and Afghanistan. But real austerity has yet to come. |
National Defense January 2006 Lawrence P. Farrell |
We Must Prepare for Defense Budget Crunch Substantial growth in defense spending after 9/11 gave the Pentagon's budget a reprieve. The day of financial reckoning, however, may fast be approaching if the current state of the nation's balance sheet offers any clues. |
Military & Aerospace Electronics August 2007 John Keller |
Taking the Pulse of Defense Spending As the war in Iraq has become a political sore spot, we can expect the Pentagon's leaders to hunker down to the status quo on military spending at least through the presidential election in November |
National Defense March 2007 Lawrence P. Farrell |
Defense Budget Sets Stage for Tough Choices Ahead As Congress continues to dissect the details of the Bush administration's proposed defense budget for fiscal year 2008, it is becoming increasingly apparent that the nation's military faces a worrisome financial future. |
National Defense June 2014 Lawrence P. Farrell Jr. |
For Defense, a Tough Budget Balancing Act Will fiscal year 2016 be a repeat of 2013, when gridlock prevailed and sequester ensued. Will there be some relief as we saw in fiscal year 2014 and 2015? |
National Defense August 2015 Jon Harper |
The Defense Budget Showdown Funding for the Defense Department in fiscal year 2016 remains clouded with uncertainty as President Barack Obama and the GOP continue to spar over the federal budget. |
National Defense March 2004 Lawrence P. Farrell Jr. |
Balancing Defense Needs Against Fiscal Realities The 2005 defense budget request that the administration sent to Capitol Hill last month is an impressive attempt to balance the demands of a nation at war against the sobering fiscal picture now confronting us. |
National Defense May 2012 Lawrence P. Farrell Jr. |
Budget Pressures Beg for a Serious Look at Overhauling Acquisition System Perhaps it is time to go back to the future by doing things the way we did them in the past, when the chiefs and the military leadership were deeply involved in all aspects of equipping the service -- in requirements, in budgeting for equipping and training. |
National Defense June 2011 Sandra I. Erwin |
Cries of 'Hollow Military' Stifle Rational Debate on Future Spending President Obama has called for $400 billion in Pentagon cuts over the next 12 years, and to some defense officials and lawmakers, this is just the opening salvo of a campaign to tear down the U.S. military. |
National Defense April 2013 Nathaniel H. Sledge Jr. |
10 Reasons to Reform U.S. National Security Policy The U.S. security enterprise must be reformed to bring foreign policy in line with national values, and to enable improved fiscal health at the federal level. |
National Defense January 2010 Sandra I. Erwin |
Defense, Industry Upheaval Defined By 10 Key Moments Here's a look back at 10 key moments that defined the decade for the military and the defense industry. |
National Defense March 2012 Sandra I. Erwin |
The Coming Decade: A Slowdown In Spending, but No 'Procurement Holiday' Even under the worst-case scenario, defense budgets in the coming decade will be larger than they were in the last year of the Bush administration. |
National Defense April 2015 Arnold L. Punaro |
The Case for Repealing Sequestration This year will either be a turning point away from sequester levels or the ship of state will crash head on into the sequester iceberg resulting in a titanic disaster. |
National Defense July 2009 Sandra I. Erwin |
Can the Pentagon Break its Addiction to Supplementals? This Gotterdammerung -- also known as the end of supplemental budgets -- is being met with a mix of anxiety and resignation. |
National Defense November 2012 Sandra I. Erwin |
More Than Money, Defense Needs Compelling Narrative Pentagon watchers already are warning that this is no time for business as usual, considering the domestic political climate and the fiscal crunch that could put defense spending in the cross hairs of a future deficit-reduction deal. |
Military & Aerospace Electronics March 2010 John Keller |
The DOD Budget is Out, and the News is Good The Obama Administration's military budget proposals for next year are out, and we can breathe a collective sigh of relief. |
Parameters Autumn 2004 Michael O'Hanlon |
The Need to Increase the Size of the Deployable Army The possibility exists that large numbers of active-duty troops and reservists may soon leave the service rather than subjecting themselves to a life continually on the road. The seriousness of the worry cannot be easily established. |
National Defense October 2004 Lawrence P. Farrell, Jr. |
Pentagon Feeling the Pressure on Budget There is good and bad news in the defense spending legislation that President Bush signed in August. |
National Defense August 2005 Lawrence P. Farrell Jr. |
Strategy and Budget Driven by Global War on Terror The final report is not scheduled to be completed and sent to Congress until February, but looking at what is happening in the world today, there are clear indicators of where the Pentagon's Quadrennial Defense Review is headed -- to a change to the current military posture. |
National Defense March 2012 Sandra I. Erwin |
Pentagon Budget Cuts Are Only Prelude to Future 'Grand Bargain' Politicians and think tanks have been hyperventilating over the $487 billion budget cut that the Pentagon will have to make during the next decade. |
National Defense April 2012 Lawrence P. Farrell Jr. |
Defense Budget: Some Clues Have Emerged, But More Uncertainty Ahead The political season is upon us, and much of the rhetoric adds little visibility to the direction for defense. |
National Defense October 2012 Lawrence P. Farrell Jr. |
Let's Face It: There Is No Shelter From the Fast Rising $$ Storm Defense faces a more than $50 billion reduction per year if sequestration is allowed to occur. Cuts through 2017 of 21 percent are less than the 35 percent reduction after the Cold War wound down, but sequester makes the cut totally arbitrary. |
National Defense September 2012 Sandra I. Erwin |
Next Pentagon Procurement 'Bow Wave' Will Be a Tsunami With the Defense Department now facing a precipitous drop in new equipment purchases over the next two years, the green-eyeshade crowd already is predicting a huge bow wave for 2018 and beyond, which could be the biggest one yet. |
National Defense March 2005 Lawrence P. Farrell Jr. |
The Budget Realities We Must Face As Congress deliberates at length on the fine points of the Bush administration's fiscal year 2006 budget request for the Defense Department, it may be an appropriate time to take a broader look at the potential implications of the Pentagon's spending plan. |
Reason May 2008 Veronique de Rugy |
The Trillion-Dollar War The War on Terror is now more expensive than Vietnam or World War I -- but the dishonest way Washington is paying for it may prove costliest of all. |
National Defense August 2010 Sandra I. Erwin |
Five Key Questions About the Defense Budget Here are some of the key questions that policymakers should bear in mind when it comes to the defense budget. |
National Defense July 2014 Lawrence P. Farrell Jr. |
What a Difference World Events Make The latest Quadrennial Defense Review was shaped by a rebalance to the Asia-Pacific region, but urgent events elsewhere may nullify those assumptions. |
BusinessWeek January 27, 2011 Tony Capaccio |
A Peace Dividend from Troop Withdrawals Obama's budget for Iraq and Afghanistan is said to tumble 26 percent - the lowest amount since 2005. |
National Defense July 2008 Lawrence P. Farrell Jr. |
Difficult Choices Lie Ahead for The Nation's Military Services Much discussion -- even hand wringing -- is taking place among the military, Congress and defense industry about where finite resources need to be placed. |
National Defense December 2004 Sandra I. Erwin |
Obliged to Add Troops, Army Agonizes Over Costs Army Vice Chief of Staff Gen. Richard A. Cody asserts the issue that should have been more thoroughly debated by political leaders, but has largely been ignored, is not the draft, but rather how the nation will pay for the additional troops the Army requires to keep fighting in Iraq and Afghanistan. |
Military & Aerospace Electronics August 2004 John Keller |
Military Research in Crisis The United States is in the midst of a military research, development, and preparedness crisis. Few people realize it; of those who do, most underestimate its dimensions. |
National Defense December 2014 Lawrence Farrell Jr. |
Time to Get Serious About Tough Problems Our increasingly complex and intense military operations need political support, funding and national understanding, in addition to a clear definition of what is to be expected. |
National Defense September 2012 Lawrence P. Farrell Jr. |
Sequester Fight Continues as Details Emerge and SecDef Amps Up Rhetoric As the potential impact of sequestration begins to settle in -- and details of its impact begin to emerge -- Defense Secretary Leon Panetta is elevating his rhetoric. |
National Defense August 2010 Lawrence P. Farrell Jr. |
'Perfect Storm' for Defense Is Here, For Real This Time There have been many warnings in recent years about a "perfect storm" threatening U.S. defense spending. These dire predictions so far have not been taken seriously as military budgets doubled during the past decade. |
National Defense December 2013 Lawrence P. Farrell Jr. |
Sequester Causing Lasting Damage to Defense Sequestration, if continued on present course, will result in serious damage and degradation to U.S. military capability and to our national security writ large. |
The Motley Fool December 7, 2005 Brian Gorman |
Is Defense Safe? Recent news from the Pentagon looks positive for the industry, but investors shouldn't be quick to assume they've dodged a bullet. |
National Defense January 2007 Sandra I. Erwin |
While Still at War, Services Brood Over `What's Next?' The business of planning for the future indeed can be scary, especially when it comes to predicting when and where the nation will fight the next war. |
National Defense October 2015 Craig R. McKinley |
Continuing Resolution an Unnecessary Evil Nothing is encouraging for securing approval of a defense appropriations bill by the beginning of fiscal 2016, and the likelihood grows that defense might be handicapped by another government shutdown. |
National Defense February 2009 Sandra I. Erwin |
Foreign Policy Ambition Overlooks War Lessons The Obama administration has endorsed a major expansion of ground forces, and a surge in military capabilities to conduct "irregular" warfare against non-state actors. |
National Defense April 2011 Lawrence P. Farrell Jr. |
For Defense Industry, the Path Forward Is Still Clouded by Uncertainty For industry, what does this all mean? One industry professional has described the current environment as "Eisenhower's big nightmare." Could a reasonably competitive industry survive large reductions in funding? |