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.
A legislative standoff has led to a lapse in a $4.26 billion small business innovation contracting program widely used by the Air Force and could spell the end of it entirely, industry sources warned Air & Space Forces Magazine.
