Opinion: Three Paths To Pentagon Spending Peak

Credit: David B. Gleason/Wikipedia
The consensus among sell-side analysts is that the U.S. defense budget has entered a new up-cycle. Most analysts are projecting mid-single-digit annual growth in 2017-20 in the sum of Pentagon procurement and research, development, test and evaluation budget authority, although there are a couple of...
Byron Callan

Contributing columnist Byron Callan is a managing director at Capital Alpha Partners in Washington.

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