Pentagon Bracing For FY-12 Budget Cuts, Forfeiture Of Some 'Efficiency' Savings

By Jason Sherman / December 2, 2010 at 5:27 PM
NEW YORK -- The Defense Department is bracing for a directive to cut its fiscal year 2012 budget proposal and to forfeit to the federal treasury some portion of the $100 billion in efficiencies that Pentagon leaders originally hoped to reinvest in weapon system modernization accounts over the next five years, the U.S. military's No. 2 uniformed officer predicted today. Gen. James Cartwright, vice chairman of the Joint Chiefs of Staff, said he had “zero” confidence the Pentagon will be...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.