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Defense Costs To Outstrip Funds Available, CSBA Says

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The U.S. military procurement effort faces an immense disconnect between funding needs and available financing, complicated by new emerging threats and a long-standing conflict between urgently immediate requirements of combatant commanders versus the need to procure assets to meet long-range needs. These were some of the unsettling points aired in an hours-long symposium yesterday of the Center for Strategic and Budgetary Assessments (CSBA), a defense-oriented Washington think tank, at a hotel in Washington. Fiscal strictures already are evident, whether it…

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