The Defense Department is closer to its targeted procurement efficiency, but more acquisition programs will face the axe in Fiscal 2013, stated Pentagon acquisition chief Ash Carter, during a speech at the Heritage Foundation in Washington, D.C., April 20, 2011. "There will undoubtedly be more cancellations," he said. Here, Carter during his address, which came one week after President Obama called on the Pentagon to shave about $400 billion from its budget over the next 12 years.
Heritage Foundation photo
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