Pentagon: Lower Costs And We Will Buy More
In an Oct. 6 speech in suburban Washington, Deputy U.S. Defense Secretary William J. Lynn outlined the tough reality faced by the Pentagon and its contractors. While the Defense Department projects it needs 2-3% real growth each year in its warfighting accounts — modernization, force structure, training — the reality is it is likely to get only 1%.
And even that meager increase probably will come under ...