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National Defense December 2012 Sandra I. Erwin	Defense Drawdown: It's Been All Talk, Now It's Time to Walk U.S. military spending peaked in 2010 at $668 billion. It has dropped slightly since then, as the military started withdrawing troops from Iraq and Afghanistan. But real austerity has yet to come.
National Defense May 2009 Sandra I. Erwin	Medical Costs Threaten Pentagon's Fiscal Health As if his weapons budget proposals weren't already a tough sell on Capitol Hill, Defense Secretary Robert Gates also will try to get Congress to endorse unpopular health care fees for military retirees.
National Defense September 2014 Sandra I. Erwin	Elusive 'Grand Bargain' on Military Benefits Few issues in Washington are as politically toxic as meddling with military pay and benefits.
National Defense June 2011 Sandra I. Erwin	Cries of 'Hollow Military' Stifle Rational Debate on Future Spending President Obama has called for $400 billion in Pentagon cuts over the next 12 years, and to some defense officials and lawmakers, this is just the opening salvo of a campaign to tear down the U.S. military.
National Defense May 2015 Eoyang & Freeman	Why the U.S. Must Reform The Military Personnel System If our military hopes to continue employing the best and brightest, it needs to consider fundamentally changing the military personnel system, not merely tinker with pay and benefits.
National Defense July 2011 Sandra I. Erwin	Procurement Blues: After a Decade Of Largesse, Not Much to Show for It After a decade of lavish spending, the Pentagon is now left with an aging fleet of weapon systems, an overstrained force, out-of-control personnel and healthcare costs, and no idea of how to prepare for tomorrow's wars.
National Defense July 2015 Jon Harper	Military Retirement Reform Moves Forward In recent weeks, the congressional armed services committees voted to make major alterations to the U.S. military's retirement system, as the Pentagon seeks to control personnel costs that threaten to crowd out future spending on modernization and readiness.
National Defense August 2010 Sandra I. Erwin	Five Key Questions About the Defense Budget Here are some of the key questions that policymakers should bear in mind when it comes to the defense budget.
National Defense May 2009 Sandra I. Erwin	Gates: Industry Unharmed By Program Cancellations The Pentagon needs to stop buying "exquisite" technology that does not meet real military needs in favor of larger quantities of critical items.
National Defense March 2012 Sandra I. Erwin	Pentagon Budget Cuts Are Only Prelude to Future 'Grand Bargain' Politicians and think tanks have been hyperventilating over the $487 billion budget cut that the Pentagon will have to make during the next decade.
National Defense February 2016 Jon Harper	Battle Looms Over Military Health Care Reform Members of the Armed Services Committees are expected to make a push this year for military health care reform. But opposition from advocacy groups and lawmakers standing for reelection may stymie those efforts, analysts said.
National Defense March 2007 Lawrence P. Farrell	Defense Budget Sets Stage for Tough Choices Ahead As Congress continues to dissect the details of the Bush administration's proposed defense budget for fiscal year 2008, it is becoming increasingly apparent that the nation's military faces a worrisome financial future.
National Defense August 2005 Sandra I. Erwin	Looming Budget Cutbacks Underpin Defense Strategy How long the fighting in Iraq will last is anyone's guess. It seems quite certain, however, that mounting war costs will be wreaking financial havoc on many of the military's prized weapon systems. Are decision makers at the Pentagon guilty of shortsightedness?
National Defense January 2008 Sandra I. Erwin	Bigger Budgets Disguise Larger Fiscal Dilemmas Nowhere is the financial outlook for the Defense Department more uncertain than in the procurement budget.
The Motley Fool December 7, 2005 Brian Gorman	Is Defense Safe? Recent news from the Pentagon looks positive for the industry, but investors shouldn't be quick to assume they've dodged a bullet.
Financial Advisor July 2004 Raymond Fazzi	Combat Readiness For Financial Advisors Military personnel are in much need of financial advice.
National Defense May 2015 Sandra I. Erwin	Procurement Issues That Congress Won't Fix The new foreign policy mantra in Washington is that the world is on fire. The nation's weapons procurement machine, meanwhile, keeps partying like it's 1999.
National Defense March 2012 Sandra I. Erwin	The Coming Decade: A Slowdown In Spending, but No 'Procurement Holiday' Even under the worst-case scenario, defense budgets in the coming decade will be larger than they were in the last year of the Bush administration.
National Defense March 2009 Sandra I. Erwin	Some Troops Don't Get Fair Share of Deployment Burdens A Pentagon advisory panel suggests that Army and Marine Corps troop-rotation methods may be partly to blame for the stress in the force.
National Defense March 2010 Sandra I. Erwin	Day of Reckoning Ahead for U.S. Defense Spending The nation's dismal economy has cost millions of Americans their jobs, homes and life savings. Barring a miraculous recovery, the economy's next target could be America's military superiority.
National Defense January 2010 Sandra I. Erwin	Defense, Industry Upheaval Defined By 10 Key Moments Here's a look back at 10 key moments that defined the decade for the military and the defense industry.
National Defense September 2012 Sandra I. Erwin	Next Pentagon Procurement 'Bow Wave' Will Be a Tsunami With the Defense Department now facing a precipitous drop in new equipment purchases over the next two years, the green-eyeshade crowd already is predicting a huge bow wave for 2018 and beyond, which could be the biggest one yet.
National Defense August 2009 Sandra I. Erwin	Future War: How The Game is Changing "It's hard to concentrate on a grand strategy when your house is on fire," said Marine Corps Gen. James Mattis, head of U.S. Joint Forces Command. Even as they cope with the frantic demands of two major wars, military leaders say they have a clearer sense of the future than they did in the 1990s.
National Defense June 2009 Sandra I. Erwin	Expand Work Force Based on Quality, Not Quantity, Warns Former Pentagon official The Defense Department should be careful in how it goes about expanding its acquisition work force
National Defense November 2007 Sandra I. Erwin	How Astronomical War Budgets Threaten U.S. National Security It is safe to assume that defense budgets will stay high as long as U.S. forces remain in Iraq, and then they will fall. Based on historical trends, the defense budget always takes a dive after a major war. But this time around the defense spending boom may suffer an unparalleled bust.
National Defense December 2010 Nathaniel H. Sledge Jr.	Military Spending: How Much Defense Will the American People Support? The American public must become better educated about the budget process and national security. Citizens should be aware that the current trends of government spending can be ruinous and unsustainable.
National Defense September 2011 Lawrence P. Farrell Jr.	Budget Control Act of 2011 Forces Real Cuts to Defense, and Difficult Choices Enactment of the Budget Control Act of 2011 now provides specific information on the future course of defense spending.
National Defense March 2012 Nathaniel H. Sledge Jr.	When Will the Military Services Come To Grips With a New Era of Austerity? Even with a smaller funding pie, the U.S. military services should be able to weather the coming budget reductions. But the services are anxious and insecure institutions. They want more, and they insist that their equipment is aging and in need of modernization.
National Defense March 2006 Sandra I. Erwin	In the Latest Pentagon Strategy, Uncertainty Rules An elaborate plan recently unveiled by the Defense Department aims to prepare the military services to cope with a wide range of threats to national security during the next 20 years.
National Defense December 2004 Sandra I. Erwin	Obliged to Add Troops, Army Agonizes Over Costs Army Vice Chief of Staff Gen. Richard A. Cody asserts the issue that should have been more thoroughly debated by political leaders, but has largely been ignored, is not the draft, but rather how the nation will pay for the additional troops the Army requires to keep fighting in Iraq and Afghanistan.
National Defense July 2006	It Does Not Pay to Be `Too Relevant' Skyrocketing War Costs Are Putting Pressure on the Pentagon... Politicians Should Help the Troops... Military Must Learn to Live With Contractors... Navy Making Tough Calls in Aviation...
National Defense May 2008 Sandra I. Erwin	Weapons Budget: The More You Spend, The Less You Buy A hyperinflation tsunami now threatens to sink the Defense Department's purchasing power so dramatically that a weapons budget that currently funds 95 programs will pay for just a handful of big-ticket programs
Parameters Autumn 2004 Michael O'Hanlon	The Need to Increase the Size of the Deployable Army The possibility exists that large numbers of active-duty troops and reservists may soon leave the service rather than subjecting themselves to a life continually on the road. The seriousness of the worry cannot be easily established.
National Defense July 2009 Sandra I. Erwin	Can the Pentagon Break its Addiction to Supplementals? This Gotterdammerung -- also known as the end of supplemental budgets -- is being met with a mix of anxiety and resignation.
National Defense September 2004 David M. Walker	Defense Transformation: A Battle the U.S. Cannot Afford to Lose A crunch is coming. Although national defense and homeland security have received generous funding in recent years, this cannot continue indefinitely. Defense budgets of the future almost certainly will be tighter. It is time to recognize that we are in a fiscal hole, and stop digging.
National Defense September 2006 Sandra I. Erwin	Reform Agenda Targets Acquisition Workforce The Pentagon's cadre of "professional shoppers" could see a wave of reforms in the coming years, as the Defense Department remains under unrelenting pressure to fix its buying practices.
National Defense March 2005 Lawrence P. Farrell Jr.	The Budget Realities We Must Face As Congress deliberates at length on the fine points of the Bush administration's fiscal year 2006 budget request for the Defense Department, it may be an appropriate time to take a broader look at the potential implications of the Pentagon's spending plan.
National Defense October 2009 Sandra i. Erwin	New Business Model Needed To Replace the Status Quo In the weapons-acquisition world, the "normal" ways of doing business are frowned upon around the E-ring these days.
National Defense September 2011 Sandra I. Erwin	Defense Energy: Small, Incremental Steps Do Better Than Sweeping Reforms The Air Force saved $700 million in its five-year fuel budget just by redirecting flights through shorter routes and choreographing more efficient itineraries for cargo deliveries.
National Defense November 2012 Sandra I. Erwin	More Than Money, Defense Needs Compelling Narrative Pentagon watchers already are warning that this is no time for business as usual, considering the domestic political climate and the fiscal crunch that could put defense spending in the cross hairs of a future deficit-reduction deal.
National Defense September 2011 Sandra I. Erwin	As Pressure Grows to Cut Spending, the True Cost of Weapons Is Anyone's Guess A decade of soaring Pentagon spending is coming to an end, and it is leaving behind considerable fiscal wreckage.
The Motley Fool May 24, 2007 Rich Duprey	Another Tough Payday for the Military Despite persistent pay gaps for the military, legislative fixes exacerbate short-term funding problems.
National Defense October 2004 Lawrence P. Farrell, Jr.	Pentagon Feeling the Pressure on Budget There is good and bad news in the defense spending legislation that President Bush signed in August.
National Defense July 2008 Lawrence P. Farrell Jr.	Difficult Choices Lie Ahead for The Nation's Military Services Much discussion -- even hand wringing -- is taking place among the military, Congress and defense industry about where finite resources need to be placed.
National Defense August 2005 Lawrence P. Farrell Jr.	Strategy and Budget Driven by Global War on Terror The final report is not scheduled to be completed and sent to Congress until February, but looking at what is happening in the world today, there are clear indicators of where the Pentagon's Quadrennial Defense Review is headed -- to a change to the current military posture.
Military & Aerospace Electronics March 2006 John Keller	DOD Budget Keeps Growing, Despite the Odds Top-ranking experts in government and industry have been warning of substantial impending cuts in defense spending for the past 18 months, yet when Pentagon leaders released their 2007 spending proposals, the numbers just kept on growing.
National Defense March 2011 Daniel Goure	Federal Agency Insourcing: Why Government Costs So Much The huge differential between public and private sector workers' wages and benefits is one major reason why the cost of government is so high. It also makes it impossible to give credence to Pentagon claims that insourcing will save money.
National Defense March 2005 Roxana Tiron	Pentagon Strategists Ponder Value of High-Tech Weapons The Pentagon's sweeping review of strategy and programs is expected to bolster investments in sensors, networks, information technology and precision-guided munitions.
National Defense November 2007 Lawrence P. Farrell	Plenty of Resources, But Even Greater Demand The politics of military spending have reached fever pitch as Congress attempts to pass the Defense Department's fiscal year 2008 budget and weighs massive war spending requests.
National Defense May 2009 Sandra I. Erwin	Gates Reshapes the Budget, Can He Change the Culture? Defense Secretary Robert Gates' reshuffle of the Pentagon's $1.7 trillion weapons portfolio contained no major surprises.