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Pentagon Unveils Belt-Tightening Plan For Acquisition Programs

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Tuesday, June 29th, 2010

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By Marina Malenic Defense Department officials yesterday unveiled their plan to find more than $100 billion in savings within the Pentagon's arms-purchasing budget. Defense Secretary Robert Gates told reporters at the Pentagon that the department is "reforming the way it does business" in an attempt to find greater efficiency in its purchasing process. "This process will take time, but I'm confident we'll succeed," Gates said yesterday. Defense officials said earlier this month that the military services will each have to…

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