Word: cheneys
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With the U.S. poised on the brink of war, it seemed an odd moment to shake up the nation's military-industrial complex. But that did not deter Defense Secretary Dick Cheney last week from canceling the Navy's A-12 Avenger attack bomber and sending military contractors the clearest signal yet that the Reagan-era good times are over. The old buddy-buddy relationship between the Pentagon and arms makers who blithely exceed contract costs and expect taxpayers to pick up the tab has ended...
...tough-minded Cheney shot down a program that had been expected to produce 620 of the high-tech stealth aircraft at a cost of $57 billion, he implicitly emphasized another military reality of the 1990s: the U.S. simply cannot afford many of the multibillion-dollar weapons systems that were started during Reagan's $2 trillion defense buildup and now continue to escalate in price...
...Cheney's abrupt action showed too that the shriveling of the defense budget is little affected by such immediate emergencies as a potential war in the Persian Gulf. For contractors, the long- and short-term trends are contradictory. As the developers of new weapons systems face increasingly tough times, suppliers who meet the needs of Desert Shield with such items as boots, camouflage netting and gas masks are enjoying an unexpected -- but presumably brief -- bonanza...
...preliminary reports that we have received...are very encouraging," Defense Secretary Richard Cheney said at the briefing...
...Cheney said that no reports of any Iraqi reprisals had been confirmed...