U.S. Defense Secretary Robert M. Gates speaks to U.S. and South Korean troops from the 1st Heavy Brigade Combat Team and 210 Fires Brigade at Camp Casey, South Korea, July 20, 2010. DoD photo by Cherie CullenGates Digs In On Budget Cuts -- Wall Street Journal
Secretary of Defense Robert Gates met with more than a dozen top defense-industry executives last week to deliver a message: Start delivering cost savings, or the government will do it for you.
The meeting raised the stakes for a sweeping initiative launched by Mr. Gates this earlier this summer to trim the fat from the $700 billion U.S. military budget. Mr. Gates aims to realize savings of $100 billion over the next five years, freeing up money to ensure troops overseas are properly equipped and supported even as military budgets flatten.
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My Comment: This approach is long overdue .... let us hope that some positive results comes out from it.
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