Would be great if they actually did it ...
Task force seeks to trim $960 billion from Pentagon budgetGroup eyes big-ticket weapons, force size to reduce costs over 10 years
By Christopher Hinton, MarketWatch
NEW YORK (MarketWatch) -- The Pentagon could save nearly $1 trillion over the next 10 years if would reduce the size of its fighting force and dump a handful of heavy-weapon programs that have long histories of trouble and cost growth, a bipartisan task force said Friday.
The Sustainable Defense Task Force, formed under the auspices of U.S. Rep. Barney Frank (D, Mass.), said chopping back the procurement of dud projects could save the country $88.7 billion.
In the group's sights are the Marine's Expeditionary Fighting Vehicle, built by General Dynamics Corp., Textron Inc. unit Bell Helicopter's MV-22 Osprey and the Lockheed Martin Corp. F-35 Joint Strike Fighter.
"The development of the F-35 is rapidly going the way of the F-22 Raptor: late, over cost and less capable that promised," the task force said in its report. "However, even if the aircraft performed according to specifications, it would not be needed in order for us to defeat current and emerging challenges."
[chopped off by Lunar]
http://www.marketwatch.com/story/task-force-seeks-1-trillion-cut-in-defense-budget-2010-06-11?reflink=MW_news_stmp
