By Emelie Rutherford The overall size of the defense budget likely needs to be increased to modernize equipment, the heads of an independent panel that critiqued the Pentagon's 2010 Quadrennial Defense Review (QDR) said yesterday. "We observed that a major recapitalization will be required, particularly when you consider the wear and tear of our equipment during the wars in Iraq and Afghanistan," William Perry, the co-chair of the Quadrennial Defense Review Independent Panel, told a House panel. "The directive of…
Independent QDR Panel: Modernization Needs Call For Bigger DoD Budget
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