Tuesday, May 24, 2011
military-INDUSTRIAL-Complex alive and well.
From the NY Times:
The Pentagon is very encouraged by Wall Street's response to aerospace companies and arms makers, even as U.S. defense spending flattens, the top U.S. weapons buyer said on Tuesday.Or to put it another way, we will continue to spend $Billion and $Billions no matter how few soldiers we actually have.
"We are monitoring the health of our industry as it is seen by the financial community," said Ashton Carter, undersecretary of defense for acquisition, technology and logistics. "And the information there is very encouraging to us."...
He spoke moments before outgoing Defense Secretary Robert Gates, in a major policy address, said his overarching goal was to "preserve a U.S. military capable of meeting crucial national security priorities, even if fiscal pressure requires reductions in that force's size."
Subscribe to Posts [Atom]
Post a Comment