In a major policy speech, President George H.W. Bush declares a new defense strategy, emphasizing regional conflict rather than the fading Soviet threat. He says it will be possible to reduce the armed forces by about 25 percent, a level that will become known as the “Base Force.” The speech receives minimal notice, overshadowed by events in Kuwait and the impending War in the Gulf.
Secretary of Defense Austin Lloyd III met with his counterparts from Australia, Japan and the Philippines to discuss bolstering defense ties on May 2. The discussion included plans for joint F-35 exercises with Japan and Australia in the coming years.