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National Defense May 2012 Sandra I. Erwin	Industry Recalibrating Strategies For a Declining Defense Market The defense market is shaping up to become a Darwinian world where winning contracts will be a matter of life or death for many companies.
National Defense March 2011 Sandra I. Erwin	Budget May Be Safe For Now, But Weapon Makers Should Worry If the current discourse over defense spending were a self-help bestseller, it would be titled, "How to Live in Denial About Being Broke."
National Defense November 2006 Sandra I. Erwin	Industry Fortune Tellers See a Mix of Boom and Bust For the defense industry, depending on whom you talk to, these are the best of times, and the worst of times.
National Defense December 2013 Sandra I. Erwin	Budget Guessing Game: How Low Will It Go? As it became apparent that political dysfunction had replaced deliberate planning in Washington, John Hamre, CEO of the Center for Strategic and International Studies, called on the nation's policymakers to "define the bottom," and allow defense to resize accordingly.
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 June 2012 Sandra I. Erwin	For Defense Industry, Lure of Shiny Objects Rapidly Fading The erstwhile dependable moneymakers in the defense industry no longer look like safe bets. Big-ticket weapon systems are being delayed, terminated, investigated or mired in endless reviews.
National Defense September 2013 Sandra I. Erwin	Sequester Sinks In, Extent of Fallout Unknown After a chaotic 2013, when the Pentagon had to slash $37 billion between March and September, Defense Department accountants ought to be better prepared for the next round. That will be a $52 billion hit for the budget year that begins Oct. 1.
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 January 2006 Lawrence P. Farrell	We Must Prepare for Defense Budget Crunch Substantial growth in defense spending after 9/11 gave the Pentagon's budget a reprieve. The day of financial reckoning, however, may fast be approaching if the current state of the nation's balance sheet offers any clues.
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 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 October 2011 Lawrence P. Farrell Jr.	President's Half-Trillion Dollar Jobs Plan Muddies the Defense Budget Waters What one wonders though is how the new requirement to "pay for" the Jobs Bill will affect defense spending.
National Defense November 2009 Sandra I. Erwin	Industrial Policy Debate: Should The Pentagon Pick Winners and Losers? Industry executives and trade associations have called for the Defense Department to take preemptive action to protect key sectors that are considered of strategic importance to national security.
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 2005 Joe Pappalardo	Washington Pulse The question that keeps defense insiders buzzing around these days is how much of the nation's ballooning deficit realistically can be trimmed even as Pentagon's budgets continue to rise.
National Defense April 2006 Sandra Erwin	Defense Procurement: Hard Decisions `Kicked Down the Road' Will the escalating costs of the war in Iraq and the rising price tags of weapon systems eventually result in the cliched Defense Department budget train wreck so many analysts have predicted for several years now?
National Defense October 2014 Sandra I. Erwin	Golden Age of Federal Contracting Is Over Washington has dealt crushing blows to the national security establishment. There are no predictable budgets for the Pentagon to map out its weapons wish list, or for contractors to project their future business.
National Defense May 2012 Berteau & Murdock	Defense Department Must Prepare for Deeper Budget Cuts The post-election bargaining over taxes and government spending will be intense and hard-fought. The Defense Department needs to make it clear to all the players what the real consequences for the nation's security are of ill-considered, deep cuts to a defense budget that is already on the decline.
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.
National Defense January 2012 Sandra I. Erwin	Budget Squeeze Could Spur Defense Industry Shakeup To borrow a line from Casey at the Bat, there is no joy in Mudville. Defense industry executives, with good reason, are experiencing considerable anxiety as Pentagon budget cuts lurk around the corner.
National Defense August 2012 Sandra I. Erwin	War Over Defense Jobs Diverts Attention From Bloated Spending Each branch of the military owns multiple fleets of surveillance and armed drones, creating unneeded duplication.
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 May 2014 Sandra I. Erwin	Should the Pentagon Rescue Ailing Suppliers? It is an inevitable consequence of plunging budget cycles that suppliers go out of business, and the Pentagon typically has favored a laissez-faire industrial policy even though the defense sector is far from a free market.
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 2013 Sandra I. Erwin	A Fresh Perspective on Government Waste Amid the screaming and gnashing of teeth over the looming cuts is the inconvenient reality that government -- and the Pentagon more than any other agency -- is bloated and now might be an opportune time to put it on a crash diet.
National Defense January 2007 Sandra I. Erwin	Army Cash-Flow Troubles Continue Despite Hefty Emergency Allowance For the Army, the upcoming budget season is shaping up to be a competition between "boots" and "hardware," even though officials have argued that they should not have to trade one for the other.
National Defense November 2011 Sandra I. Erwin	Managing the Defense Industry: Stalinism or Smart Business? America's arms manufacturers are asking the Pentagon to step up and protect the industry from an imminent collapse.
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 June 2007 Sandra I. Erwin	More Services, Less Hardware Define Current Military Buildup In the midst of the largest military expansion since the Reagan administration, industry analysts warn that the gravy days cannot last much longer.
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?
BusinessWeek February 24, 2011 Roxana Tiron	Defense Contractors Brace for the Big Squeeze Defense contractors may be in for cutbacks similar to the squeeze that occurred after the end of the Cold War.
National Defense November 2011 Lawrence P. Farrell Jr.	'Gentlemen, We Have Run Out Of Money; Now We Have to Think' Accepting the reality that the defense budget is going to come down, what must we think about?
The Motley Fool November 18, 2011 Rebecca Lipman	Defense Stocks: Which Stocks Are Vulnerable to Budget Cuts? Will the market start dumping these names if defense spending is cut?: BE Aerospace... Breeze-Eastern... Esterline Technologies... Honeywell International... Hexcel... Teledyne Technologies...
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 December 2010 Tom Captain	Defense Affordability: Can We Buy Only What We Need? Military acquisition budgets globally are flattening out and declining. Large scale multi-billion dollar programs are running over budget and being delayed.
National Defense March 2014 Sandra I. Erwin	In '15 Budget, Red Flags for Contractors If defense industry CEOs can draw any conclusion from the Pentagon's 2015 budget proposal it is that, except for the too-big-to-fail joint strike fighter, most of the military's modernization plan is on shaky ground.
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.
National Defense July 2012 Sandra I. Erwin	Pentagon Contractors Reach New Levels of Frustration With Obama White House Over the past nine to 10 months, corporations have begun to lose confidence in government, and executives are faulting the president for not doing more to untangle the current morass that could leave many contractors sinking in the muck.
Chemistry World August 9, 2011 Rebecca Trager	US debt deal is a mixed bag for researchers It has become clear that the news is mixed for US science agencies and the researchers who depend on their funding.
National Defense April 2011 Lawrence P. Farrell Jr.	For Defense Industry, the Path Forward Is Still Clouded by Uncertainty For industry, what does this all mean? One industry professional has described the current environment as "Eisenhower's big nightmare." Could a reasonably competitive industry survive large reductions in funding?
National Defense May 2004 Sandra Erwin	Defense Watch: Fiscal Storm on the Horizon The nation's soaring budget deficits will leave future administrations--whether they are Republican or Democrat--no choice but to cut defense.
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 April 2007 Sandra I. Erwin	Pentagon Begins Broad Review Of Acquisition Workforce Skills The Pentagon has launched an extensive evaluation of military acquisition and contracting personnel in order to gauge their skills and competence.
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 May 2010 Sandra I. Erwin	Without Radical Change, Many More Defense Programs Will End Up Like JSF The breathless hype over the F-35 Joint Strike Fighter's soaring costs and schedule slips clouds a much bigger acquisition predicament for the Pentagon: How to stop more programs from ending up like JSF.
National Defense August 2006 Lawrence P. Farrell Jr.	Defense Must Sustain Investment in Basic Research One of the mainstay sources of strength of the U.S. military is its ability to continually generate new technologies, both for current and future battlefields.
National Defense November 2012 Lawrence P. Farrell Jr.	Fiscal Cliff Watch: Running Out of Time to Fix the Mess If the House and Senate fail to act in the coming weeks, massive federal spending cuts will kick in Jan. 2. That is when the automatic sequester -- scheduled by law to implement phase two of the Budget Control Act of 2011 -- becomes effective.
National Defense March 2013 Sandra I. Erwin	Industry and Government Butt Heads Over Weapons Maintenance Contracts Repairing and maintaining decades-old inventory has been big business for the defense industry, and will continue to be despite funding cuts that will hit the Pentagon over the next several years.
National Defense March 2014 Sandra I. Erwin	Acquisition Business Reaches Inflection Point Acquisition flops over the past decade have put the fear of God into Pentagon leaders who now face the added pressure of having to ensure programs perform in a zero-tolerance environment, and with budget cuts to boot.
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