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By Donald Lambro
Growth spikes are little more than trend-free anomalies
Independent voices from the The Washington Times Communities
Topic - Loren B. Thompson
The Pentagon could hold onto its crown jewel weapon systems even though looming automatic federal spending cuts would inflict a $54 billion gash in the 2013 defense budget, military budget analysts say.
The Pentagon could hold on to its crown-jewel weapon systems even though looming automatic federal spending cuts would inflict a $54 billion gash in the 2013 defense budget, military budget analysts say.
Defense Secretary Robert M. Gates leaves office Thursday popular with the liberal Washington establishment, but not so with conservatives chafed by his budget cutting and his enthusiastic support for open gays in the ranks.
Within days, the Obama Pentagon is expected to decide which supplier to rely upon for what is, arguably, the cornerstone of America's ability to project power for the next 40 years: the next-generation aerial-refueling tanker known as the KC-X. The choice for this role - which is worth conservatively $40 billion - would seem to be a no-brainer. The obvious winning candidate to produce and maintain 179 tankers for decades to come would be a reliable, experienced and responsible U.S. manufacturer: Boeing.
Mr. Thompson wrote in his Early Warning Blog that this may not be all bad for defense contractors.
Mr. Thompson argues in his Early Warning Blog that this may not be all bad for defense contractors.