RealNews

Defense analysts forecast few new procurements

The Sept. 11, 2001, terrorist attacks changed everything in the Defense Department and the defense industry in the past five years, according to an industry executive who spoke today about DOD budget trends. With DOD spending now at levels near what they were in the mid-1980s, people can expect to see it slow and then sharply decline by fiscal 2011, said Cecil Black, a Boeing executive, speaking at the 2005 Vision Conference in Falls Church, Va. Full Story

OODA Analyst

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