Last year, the U.S. defense budget exceeded $700 billion. Most metrics would put it among the largest enterprises in the world. Nevertheless, the Defense Department’s planning, programming, budgeting, ...
On August 15, a congressionally established commission published its interim report about reforming the Pentagon's budgeting system amid criticisms about inflexibility, a lack of agility, risk ...
A congressionally directed panel working on recommendations to give the Pentagon new spending flexibility released an interim report Tuesday—but acknowledged the Defense Department may not have the ...
Forbes contributors publish independent expert analyses and insights. Michael Brown is a Partner at venture capital firm Shield Capital. President John F. Kennedy speaks with his advisors, Gen.
The Department of Defense’s Planning, Programming, Budgeting and Execution program has been variously called “a relic of the past,” a “root cause of … bloat” and “the primary factor behind the decline ...
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