Speakers at a Center for Strategic and International Studies panel on defense spending said the recently approved two-year budget deal provides a path forward, but argued more work remains to improve long-term stability. David Melcher, chief executive of the Aerospace Industries Association and a former Army general who led the service's budgeting, on Wednesday called the bipartisan budget agreement "huge." "In general, any stability is better than no stability," he said. "Companies want to invest. We're coming out of a...
