What's Next for the U.S. Defense Industry?
Fighting and prevailing in two major wars is the immediate concern. Over the long term, the greatest threat we face is the financial health of the United States, which could have significant implications for the Defense Department and its supporting industrial base. That may seem odd to outside observers who see a U.S. defense budget that tops $700 billion, and that in 2011 will be the largest since World War II. more....