Weapons Spending Modestly Up:

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The new Pentagon plan envisions spending in 2007 of $84.2 billion for procurement of weapons and other systems, with modest growth in the following four years. The follow-up amounts are $99.7 billion (2008); $109 billion (2009), $111.7 billion (2010); and $118 billion (2011). It is not likely that these amounts will be sufficient to cover the cost of force modernization about a decade-and-a-half long “procurement holiday.”

Audio of this article is brought to you by the Air & Space Forces Association, honoring and supporting our Airmen, Guardians, and their families. Find out more at afa.org