If President Bush fully implements the current defense modernization plan he inherited from the Clinton administration, it would require average annual procurement budgets of nearly $80 billion (in fiscal year 2002 dollars) over the next 15 years, according to Steven Kosiak, director of budget studies at the Center for Strategic and Budgetary Assessments. But that figure pales in comparison to the $95 billion Kosiak estimates it would cost should the Defense Department seek to replace its existing inventory of weapon...
