The US could develop more than a dozen different land-based weapons for $7 to $12 billion, thinktank CSBA estimates.

WASHINGTON: If you were hoping, after a bitterly contentious presidential campaign, that at least we’d have consensus on national defense spending…tough luck. Instead, teams from five leading thinktanks — spanning the political spectrum but all using the same budget simulator — came up with a more than $2 trillion spread of options. They debated their plans… Keep reading →

WASHINGTON: The Pentagon is sitting on ticking fiscal time bombs: a slew of high-priority programs that are at especially high risk for cost overruns. Some particularly big-ticket programs, like the B-21 bomber and the Ohio Replacement submarine, are in the early stages of technical development, where cost growth is more likely than it is later on in… Keep reading →