The latest national defense White Paper from China sets a three-step course on the road to modernization, culminating in the middle of the century with “building informationalized armed forces and being capably of winning informationalized wars.” The paper states that China “will not engage in any arms race or pose a military threat to any other country.” China also maintains that its defense expenditures, as a share of its Gross Domestic Product, are far less than that of other major countries. Of course, Western defense analysts believe that China regularly understates its defense expenditures, and the latest Pentagon report indicated China’s aim is extending beyond its borders.
The Air Force on March 12 awarded contract modifications worth a combined $2.4 billion to Boeing to procure an undisclosed number of E-7 Wedgetail as part of the program's engineering and manufacturing development phase and continue work on the airborne battle management aircraft’s radar.