Rapid Fire 2010-02-01: QDR 2010Jan 31, 2010 21:24 UTC by Defense Industry Daily staff
- In the Quadrennial Defense Review 2010 the Pentagon seeks to rebalance the US military and to institutionalize DoD reforms.
- President Obama FY 2011 budget contains a record $708 billion in defense spending, including a 3.4% increase in the Pentagon’s base budget and $159 billion to fund US military missions in Iraq, Afghanistan and Pakistan, Reuters reports. At the same time, the Pentagon may be targeting at least 7 programs for cancellation.
Categories: Alliances, Boeing, Contracts - Awards, Corporate Financials, DARPA, Environmental, General Dynamics, Helicopters & Rotary, Industry & Trends, Issues - Environmental, Issues - International, Issues - Political, IT - Cyber-Security, Lockheed Martin, Mergers & Acquisitions, Middle East - Other, Other Corporation, Policy - Doctrine, Policy - Procurement, Raytheon, Signals Radio & Wireless, Submarines, Support & Maintenance, Transport & Utility, USA