Monthly Archives: August, 2011

The prospect of budget cuts complicate a central dilemma for the Air Force: Its fleet is wearing out and replacement aircraft are proving more expensive than expected. The new bomber…

Will the Pentagon’s most expensive weapons program ever live up to its cost? CNN’s Barbara Starr interviews Andrew Krepinevich.

In an Aug. 17 memo, Jacob Lew, director of the Office of Management and Budget (OMB), asked federal agencies for 2013 spending plans based on two scenarios: a 5 percent…

The U.S. Defense Department could be facing up to $99 billion in cuts for the fiscal year 2013 and the department needs a contingency plan, says Todd Harrison of the…

Last month, officials from the Defense Business Board outlined their plan for changing the way military retirees are paid, abandoning the 20-year service target in favor of a 401(k) style…