. Space Industry and Business News .




.
MILPLEX
Debt deal failure looms over US military strategy
by Staff Writers
Washington (AFP) Nov 24, 2011


Military leaders have adapted US strategy as the Pentagon faces major budget cuts, but experts fear the new plans could be shattered due to the threat of automatic financial reductions.

The failure of Democrats and Republicans this week to agree a deal to cut the overall US fiscal deficit has triggered the prospect of the Pentagon automatically losing $600 billion from its coffers at the start of 2013.

The Pentagon had already agreed to cut $450 billion in spending over the next decade prior to the failure of the congressional "supercommittee" to agree the deficit reduction deal.

"A cloud of uncertainty will be hanging over the defense budget, potentially for the next 13 months," said Todd Harrison, senior fellow at the Center for Strategic and Budgetary Assessments think-tank in Washington.

Defense officials say a "devastating" scenario can be avoided if lawmakers thrash out a deficit reduction deal before the 2013 deadline. But the Pentagon has already been conducting a strategic review due to be completed next month, amid fears a compromise will fail to materialize.

The plan, which would take into account the cutbacks earmarked for the next 10 years, would involve "manageable" risks, according to Defense Secretary Leon Panetta. And President Barack Obama's administration has also indicated the strategy would place renewed focus on the Asia-Pacific region.

Analysts expect the army to face the most severe cuts, after its budget swelled dramatically because of the wars in Iraq and Afghanistan.

The overall 2013 military base budget is already being worked on and Harrison said the impact will see the Pentagon planning for about $525 billion in funding for the fiscal year that begins October 1, 2012 and ends September 30, 2013.

If Democrats and Republicans remain at loggerheads and fail to reach a compromise, automatic cuts known as a sequester mechanism will come into force in January 2013, even though the budget for that fiscal year will have already been in effect for three months.

The FY2013 budget would then drop automatically from $525 billion to $472 billion, according to Harrison's estimates.

The Pentagon "has plans for all kind of contingencies" but "to date every indication is they're not planning for a sequester level of cuts," he said.

"Any budget cut should be strategy-driven, you should adjust your strategy to the new budget environment, the new reality that we face."

The automatic cuts, which would bring the military budget to its 2007 levels excluding combat operations, pose a grave threat to military effectiveness and the new strategy as they apply evenly across the board, leaving commanders limited room to choose where to save money.

"It removes our ability to do any kind of thoughtful planning," said Captain John Kirby, a Pentagon spokesman.

"There is still time for Congress to do that which the supercommittee failed to do and the Secretary (Panetta) strongly urges them to do that," Kirby added, noting the budget plan factored in the agreed $450 billion of cuts.

In addition to damaging the new Pentagon strategy, budget cuts could also see Iran, China and North Korea try and take advantage of perceived US weakness, warned Michael O'Hanlon of The Brookings Institution.

"It would be bad economics to jeopardize the stability of today's international system merely to induce the US federal deficit by an arbitrary percentage," he wrote in a USA Today opinion piece.

Related Links
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



MILPLEX
Arms trade drives soaring LatAm homicide rates: experts
San Jose (AFP) Nov 23, 2011
Illegal weapons trafficking has turned Latin America into a region of bloodletting in which over 40 percent of the world's homicides take place, experts warned Wednesday. "Forty-two percent of homicides with a firearm that happen worldwide take place in Latin America, though only 10 percent of the world's population lives here," said Nobel laureate and former president Oscar Arias, citing UN ... read more


MILPLEX
RACR Competes in South Korean F-16 Radar Procurement

Carbon nanotube forest camouflages 3d objects

Recycle this: Bolivian turns waste into high fashion

The impending revolution of low-power quantum computers

MILPLEX
Raytheon First to Successfully Test With On-Orbit AEHF Satellite

Lockheed Martin AMF JTRS Team Demonstrates Communications and Tactical Data Sharing At Army Exercise

Boeing Ships WGS-4 to Cape Canaveral for January Launch

Harris to maintain satellite ground system

MILPLEX
SpaceX Searches For New Commercial Launch Site

Mobile Launcher Moves to Launch Pad

Rocket engineer Wolfgang Jung a logistics expert for space science

Arianespace to launch satellite for DIRECTV Latin America

MILPLEX
ITT Exelis and Chronos develop offerings for the Interference, Detection and Mitigation market

GMV Supports Successful Launch of Europe's Galileo

In GPS case, US court debates '1984' scenario

Galileo satellites handed over to control centre in Germany

MILPLEX
German airline seeks Chinese, Gulf investors: report

Brazil a serious rival in air transport

Wolfram Alpha shows flights overhead

Boeing Projects $450 Billion Market for Airplanes in the Middle East

MILPLEX
In new quantum-dot LED design, researchers turn troublesome molecules to their advantage

Researchers watch a next-gen memory bit switch in real time

An about-face on electrical conductivity at the interface

Graphene applications in electronics and photonics

MILPLEX
SSTL appoints Luis Gomes Director of EO and Science

First-class views of the world below

Indra Enhances Imaging Of Spatial Mission For The Study Of Water On Earth

Nigeria plans to relaunch satelite in December

MILPLEX
6,000 evacuated after China chemical plant blast

Bulgaria choking on hazardous air

Environmental troubles growing in Mid-East Gulf

Using air pollution thresholds to protect and restore ecosystem health


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement