The Defense Department's budget is now forecast to grow at a 2.8 percent compound annual growth rate through fiscal 2012, slightly slower than some Wall Street analysts' prior forecast, although still coming off a significantly higher FY '08 baseline budget. In turn, the Bush administration's Feb. 5 budget proposal has reconfirmed many analysts' expectation that current and immediate future defense spending will continue at a robust pace, especially for ground forces and even ...
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