The next administration must invest in defense for a full spectrum military or "risk falling behind other global powers," according to a new report from the Aerospace Industries Association (AIA). AIA has looked at the macro issues, advocating adequate, predictable and stable defense funding, spending at least 4 percent Gross National Product on defense, and recommended increasing procurement funds to a steady-state range of about $120 billion to $150 billion a year. These issues were aired in a spring defense…
Revitalize Defense Or Face Diminished U.S. Role, AIA Report Says
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