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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 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 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 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 March 2013 Lawrence P. Farrell Jr.	DoD Needs a Real Budget, Not a Partial Fix As the budget standoff continues on Capitol Hill, it is almost certain that sequester soon will be upon the nation. Automatic, across-the-board budget cuts will affect discretionary spending government wide. But everyone wonders how it will all be sorted out.
Parameters Autumn 2008 Travis Sharp	Tying US Defense Spending to GDP: Bad Logic, Bad Policy Defense spending should be determined according to threat-based analysis and not fixed at 4 percent of the gross domestic product (GDP).
National Defense September 2012 Lawrence P. Farrell Jr.	Sequester Fight Continues as Details Emerge and SecDef Amps Up Rhetoric As the potential impact of sequestration begins to settle in -- and details of its impact begin to emerge -- Defense Secretary Leon Panetta is elevating his rhetoric.
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 May 2011 Lawrence P. Farrell Jr.	What the Latest U.S. Budget Crisis Means for the Future of Defense Even if defense survives significant 2012 budget cuts, the probability is that 2013 or 2014 will be very tough years for military budgets.
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 April 2006 Lawrence P. Farrell Jr.	The Coming Challenge for Defense As we observe ongoing war developments, defense strategy and budget trends, it is impossible to not notice that red flags are everywhere.
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 August 2013 Lawrence P. Farrell Jr.	Can Washington Get Us Back on Track? The origins of the current fiscal and political crisis that is affecting the defense community can be traced back to the months following the 9/11 terrorist attacks when the United States began to gear up for two major wars.
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 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 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 May 2012 Lawrence P. Farrell Jr.	Budget Pressures Beg for a Serious Look at Overhauling Acquisition System Perhaps it is time to go back to the future by doing things the way we did them in the past, when the chiefs and the military leadership were deeply involved in all aspects of equipping the service -- in requirements, in budgeting for equipping and training.
National Defense April 2013 Lawrence P. Farrell Jr.	In the Grips of Crises Abroad and at Home When considering the nation's budget problems at home -- how do we fund increasingly expensive government programs, keep faith with all promises and underwrite U.S. security and worldwide commitments? The answer is that we cannot do it all.
National Defense February 2012 Lawrence P. Farrell Jr.	Administration's Defense Strategy Precedes Budget: A Good First Step It has been just over a year since former Defense Secretary Robert Gates started a $100 billion efficiencies campaign wherein the savings were redistributed within the Pentagon's budget top line.
National Defense October 2013 Lawrence P. Farrell Jr.	Defense Budget Picture Begins to Take Shape Major adjustments will be required across the defense community -- the military services, agencies, commands and industry. Significant decisions are becoming harder and harder to duck.
National Defense February 2010 Lawrence P. Farrell Jr.	Predicted Fiscal Train Wreck Fast Becoming a Grim Reality The defense budget is about to be released by the Obama administration and, with other documents, will provide the first real insight into the administration's long-term military and national security strategies.
National Defense April 2012 Lawrence P. Farrell Jr.	Defense Budget: Some Clues Have Emerged, But More Uncertainty Ahead The political season is upon us, and much of the rhetoric adds little visibility to the direction for defense.
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 June 2014 Lawrence P. Farrell Jr.	For Defense, a Tough Budget Balancing Act Will fiscal year 2016 be a repeat of 2013, when gridlock prevailed and sequester ensued. Will there be some relief as we saw in fiscal year 2014 and 2015?
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 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.
The Motley Fool November 18, 2011 Morgan Housel	Here, You Fix the Budget By next Wednesday, a group of politicians dubbed the "supercommittee" has to come up with a plan to slash federal deficits by at least $1.2 trillion over the next decade.
National Defense October 2012 Lawrence P. Farrell Jr.	Let's Face It: There Is No Shelter From the Fast Rising $$ Storm Defense faces a more than $50 billion reduction per year if sequestration is allowed to occur. Cuts through 2017 of 21 percent are less than the 35 percent reduction after the Cold War wound down, but sequester makes the cut totally arbitrary.
National Defense December 2013 Lawrence P. Farrell Jr.	Sequester Causing Lasting Damage to Defense Sequestration, if continued on present course, will result in serious damage and degradation to U.S. military capability and to our national security writ large.
National Defense February 2009 Sandra I. Erwin	Foreign Policy Ambition Overlooks War Lessons The Obama administration has endorsed a major expansion of ground forces, and a surge in military capabilities to conduct "irregular" warfare against non-state actors.
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 August 2010 Lawrence P. Farrell Jr.	'Perfect Storm' for Defense Is Here, For Real This Time There have been many warnings in recent years about a "perfect storm" threatening U.S. defense spending. These dire predictions so far have not been taken seriously as military budgets doubled during the past decade.
The Motley Fool May 25, 2005 Jeremy MacNealy	Uncle Sam's Shopping Spree Defense stocks are in a sweet spot, but how long will it last?
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.
Military & Aerospace Electronics March 2010 John Keller	The DOD Budget is Out, and the News is Good The Obama Administration's military budget proposals for next year are out, and we can breathe a collective sigh of relief.
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 May 2010 Conetta & Knight	For National Security's Sake, The Pentagon Has to Tighten its Belt President Obama has called for a freeze on most federal agency spending, notably exempting national defense.
National Defense September 2015 Jon Harper	NATO Funding Shortfalls Likely to Continue The latest Russian military intervention in Ukraine is forcing NATO to refocus its attention on its eastern flank. But concerns about a resurgent Russia will not prompt a large boost in alliance procurement.
National Defense May 2015 Stew Magnuson	Despite Wider Cuts, Special Operations Command Budget Outlook Remains Rosy On the surface, Special Operations Command is holding its own in a time of fiscal austerity.
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 September 2014 Lawrence P. Farrell Jr.	Defense Strategy in a Square Corner A square corner is an apt description of the situation now facing the Defense Department. It has a strategy laid out in the 2014 Quadrennial Defense Review that could not possibly be executed with its current resources.
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 May 2014 Lawrence P. Farrell Jr.	Defense Faces Fiscal Churn Beyond 2015 The defense sector breathed a sigh of relief when Congress passed the Bipartisan Budget Act earlier this year. The respite, however, has been short lived.
The Motley Fool January 18, 2011 Esterhuizen & Sellitti	Military Cuts: Aerospace and Defense Stocks Being Dumped by the Smart Money So how will aerospace and defense stocks react to the expected budget cuts?
National Defense July 2009 Sandra I. Erwin	How Far Will Gates Go in 2011? Defense budget gloom-and-doom vibes are spreading inside the beltway. Secretary Robert Gates says to expect modest increases of no more than 2 percent in the coming years.
Parameters Autumn 2004 Nader Elhefnawy	National Mobilization: An Option in Future Conflicts? Despite a great deal of hand-wringing on the part of social critics, the really difficult question was not asked: Would a World War II-scale mobilization even have been possible after 9/11 if it had been deemed an appropriate response?
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 April 2015 Arnold L. Punaro	The Case for Repealing Sequestration This year will either be a turning point away from sequester levels or the ship of state will crash head on into the sequester iceberg resulting in a titanic disaster.
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 May 2013 Lawrence P. Farrell Jr.	New Budget Spells More Uncertainty for DoD President Barack Obama sent to Congress a proposed defense budget of $526.6 billion for fiscal year 2014. That top line, however, ignores the fact that it would be subject to a $52 billion sequester cut, as Congress mandated in the Budget Control Act of 2011.