Fifteen C-17 Globemaster IIIs from Charleston Air Force Base, S.C., fly over the city of Charleston, S.C.'s Arthur J. Ravenel Bridge Dec. 20, 2007, during a training exercise. U.S. Air Force photo by Staff Sgt. James L. Harper Jr.
$130B Hit For U.S. Modernization -- Defense News
Five-Year Toll Is Distinct From Supercommittee.
WASHINGTON and NEW YORK - About half of the $260 billion in U.S. defense spending cuts over the next five years will come from weapon modernization accounts, according to defense analysts.
Roughly $60 billion - about 25 percent - of the cuts will come from efficiencies, while another $60 billion or so will come from reductions in force structure, said Emerson Gardner, a retired lieutenant general who served as the principal deputy director of the Pentagon's Cost Assessment and Program Evaluation o [...]
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