The Defense Department can absorb budget cuts of 5 percent to 15 percent without sacrificing readiness and global commitments if officials look to downsizing strategies employed in the private sector, according to an upcoming report by the Pentagon's Defense Business Board. Key to achieving cuts of this magnitude is an "intense focus" on reducing overhead and infrastructure spending, the advisers write in a set of briefing slides, dated July. "Resistance to change will be a challenge," they warn. "But with...