Defense Cuts Loom
I've been a doubter at times, but looks like the Pentagon may have little choice. From Wired News:
A Pentagon team on October 5 recommended several steps, such as canceling the DD(X) destroyer being developed by Northrop Grumman Corp.; cutting tactical air forces by nearly a third; further delaying the Army's Future Combat Systems program, led by Boeing Co.; building more fast sealift ships and submarines; and developing a new long-range bomber, according to sources familiar with the briefing.
Probably a few more big ticket items will be built, such as the Virginia subs, the F/A-22, and maybe even the CVN-21, but its doubtful the full programs can be sustained. What with the military fighting 2 wars overseas, and the Cold War legacy defense contractors like Boeing and Newport News unable to control costs, I'm surprised they made it this far.
DefenseTech is also reporting this.