U.S. military weapons systems and services acquisition will be slashed this decade across the armed services if the full effect of the 2011 budget law and its annual, widespread automatic budget cuts occur – as now expected. That was one high-level summary offered Sept. 18 by the chiefs of staff of four of the five armed services to the House Armed Services Committee in a hearing on the effects of sequestrations, the annual automatic cuts. The next round of sequestration is all but ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "U.S. Military Chiefs Outline Bleak Acquisition Forecast".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.