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Business/Financial

Former Comptroller Questions Obama Defense Industry Plans

Julie Samuel

Monday, February 13th, 2012

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A former Pentagon official says he “can’t figure out” the Obama administration’s plan to invest in some industrial-base capabilities on a contingency basis in case it faces unforeseen equipment needs in the future. “The administration says, ‘Look, we may have it wrong and we’re going to give money to industry in order to reconstitute or at least have the capability to reconstitute;’ Well I can’t figure that one out, because if they’re going to give money to industry why don’t…

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