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Lockheed Martin Corporation (LMT) Q2 2021 Earnings Call Transcript
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Funding could be cut for missile defense system for Guam
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Biden s Disappointing First Nuclear Weapons Budget | Arms Control Association
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Aegis Ashore Too Limited For Guam: Former INDO-PACOM Head
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Rep. Mike D. Rogers of Alabama, the committee’s ranking Republican, said the defense budget request “doesn’t keep pace with China. It doesn’t even keep pace with inflation.”
“The only reason [President Biden] is not spending more on defense is because the radical left is pushing him to cut it,” Mr. Rogers said. “They want to slash defense spending by 10% or more. To his credit, the president has not gone that far, but what he’s proposing is far from what we need for a credible deterrent.”
A war with China “would be an enormous expensive undertaking in terms of all measures and I would be concerned about the ability to sustain a long term conflict,” Gen. Milley said.