Seems like these past few weeks have been hell as far as defense budget planning. The Defense Department is requesting that agencies submit proposals on how they plan to cut between $1 and $2 BILLION in spending for FY 2012.
William Lynn III, deputy defense secretary, said the directive hinges on three main tenets: cutting non-essential programs, shifting money saved to force re-structuring and modernization and increasing DOD program efficiency (you can read more about it here).
Meanwhile, you've got industry saying that the Defense Department's planning, programming, budget and execution system is too slow and inflexible to adequately support operations and makes it unnecessarily difficult for the military services "to adjust resources in a volatile world of unpredictable new threats." (you can read more about this side here).
Should be interesting to see how this is all going to play out........