In the News

Pentagon’s Murky Outlook Pressures Defense Stocks

  • October 28, 2011
  • MarketWatch

The Pentagon’s estimated budget has more than doubled to $676 billion in the past 10 years because of the wars in Iraq and Afghanistan. Defense represents about 18% of total U.S. spending for fiscal 2012.

In the News

Is Military Retirement Still Third-Rail Issue

  • October 26, 2011
  • Federal News Radio

The government’s promise of lifetime health care for the military may no longer be sacred. Lawmakers are signaling a willingness to make military retirees pay more for coverage — but resistance is fierce.

In the News

Leon Panetta Says Military Has “Hollowed Out” After Major Wars

  • October 26, 2011
  • Politifact

In an interview in the New York Times on Oct. 23, 2011, Defense Secretary Leon Panetta warned against cutting defense spending too severely as the U.S. winds down its involvement in Iraq and reconsiders how to proceed in Afghanistan.

In the News

Report: Pentagon Could Rely on Unmanned Systems Under Tighter Budget

  • October 25, 2011
  • ExecutiveGov

In uncertain times regarding the budget, the Defense Department can change the way it does business and be more efficient or change the business it does and shift strategy, according to a report from the Center for Strategic and Budgetary Assessments.

In the News

White House Endorses 2012 Defense Spending Freeze

  • October 24, 2011
  • Defense News

As Congress works to pass spending legislation for 2012, the White House has endorsed a Senate plan to freeze the Defense Department’s base budget at 2011 levels. The White House’s new position shows how much has changed since it first unveiled its budget request for the Pentagon in February. Back then, the White House expected the Pentagon’s budget to continue to enjoy real growth.

In the News

Report: TRICARE Changes Should Focus on Maximizing Value

  • October 20, 2011
  • Federal News Radio

The 2013 defense budget is highly vulnerable to the final decision — or indecision — of the bipartisan Congressional supercommittee, Todd Harrison and Evan Braden Montgomery write in a new Center for Strategic and Budgetary assessments analysis, “Changing the Business of Defense.”

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