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Lockheed, Northrop May Gain on China Even as Defense Cuts Loom
“The administration is saying there will be a 1 percent real increase in defense,” said Todd Harrison, an analyst for the Center for Strategic and Budgetary Assessments in Washington. “If that’s the case, I don’t think either party would produce a significant increase beyond that, given the growing pressure to reduce the deficit.”
In the News
Why The Military Plays Down Vital Afghan Battle
If winter arrives and insurgents are still capable of mounting major attacks and intimidating the local population, it could further chill Western governments’ already diminishing appetite for a long-term presence in Afghanistan. “To strike at the heart of the insurgency, strike at the historical and spiritual home of the Taliban movement sends a very clear message -- with the resources we have, we are on the offensive,” said Dakota Wood, Senior Fellow at the Center for Strategic and Budgetary Assessments. “If we end up having to pull back, or are not successful, there will have to be a serious review of Western aims and resources in Afghanistan.”