Showing posts with label BUDGET. Show all posts
Showing posts with label BUDGET. Show all posts

Saturday, May 26, 2012

DTN News - DEFENSE NEWS: Asia's Military Spending To Surpass Europe's For First Time

DTN News - DEFENSE NEWS: Asia's Military Spending To Surpass Europe's For First Time

(NSI News Source Info) TORONTO, Canada - May 26, 2012: 2012 will be a historic moment in the shift of global power from the West to the East. According to expert estimates and figures on military spending, in 2012 Asia's spending on defense will eclipse Europe's for the first time in the modern era.

The International Institute for Strategic Studies, a UK-based think tank focusing on global military and political research and analysis, released its influential "Military Balance 2012" report back in early March.

The report claims that since 2008, financial crises in the West have led to major reductions in defense spending in Europe. Drawdowns in Afghanistan and Iraq will likely contribute to decreasing numbers in the future. Meanwhile, Asia's continued economic growth, and efforts to modernize and build military forces there, have reinforced higher spending. In the IISS calculations, Europe does not include Russia, and Asia does not include the Middle East, but does include Australasia.

While per capita spending in Europe is still higher, press releases form the institute say that "Asian defense spending is likely to exceed that of Europe, in nominal terms, during 2012." The U.S. accounted for nearly half of all worldwide military spending in 2011, a figure which may be in slight decline over the following years due to defense cutbacks.

IISS says that in real terms, declines in defense spending by 16 out of 28 member states of NATO exceeded 10 percent between 2008 and 2010. Asian spending increased almost 3.2 percent in real terms between 2010 to 2011.

Monday, May 14, 2012

DTN News - DEFENSE NEWS: Defense Spending Bill Includes Provision To Keep Air Guard Jets

DTN News - DEFENSE NEWS: Defense Spending Bill Includes Provision To Keep Air Guard Jets

(NSI News Source Info) TORONTO, Canada - May 14, 2012: A defense spending bill proposed Monday in the U.S. House would block the Air Force from eliminating F-16 aircraft at the 132nd Fighter Wing in Des Moines until a cost-benefit analysis can be completed.

U.S. Rep. Tom Latham said the legislation would freeze the proposed retirement of Air Force aircraft, including the Iowa Air National Guard’s F-16s. The bill would require the Air Force to finish the cost-benefit study by October, with a review by the nonpartisan General Accounting Office within 120 days of its completion.

The bill is sponsored by the Republican-led House Appropriations Committee, on which Latham serves. The Iowa Republican said he believes a review will ultimately show the 132nd Fighter Wing operates cost-effectively and should continue flying F-16 combat aircraft over the long term. He called Monday’s action a major step forward.

“This is a great victory, and we are going to fight to save the 132nd Fighter Wing,” Latham said in a phone interview from Washington, D.C.

The Air Force has proposed budget cuts that include eliminating all 21 of the Iowa unit’s F-16 aircraft, replacing them with a smaller unit based in Des Moines that would remotely control unmanned aircraft that would be flown elsewhere, such as Afghanistan.

Saturday, March 24, 2012

DTN News - DEFENSE NEWS: India’s Military Inferiority Complex

DTN News - DEFENSE NEWS: India’s Military Inferiority Complex

(NSI News Source Info) TORONTO, Canada - March 24, 2012: Modern India is economically and strategically buoyant, and has every reason to feel confident as the 21st century progresses. So it’s strange to think that this same confident place is developing an inferiority complex over China’s military power.

Never mind that New Delhi just announced a hefty 13 percent defense budget increase for 2012-13, or that the country is now the world’s biggest importer of military systems. Most Indian commentators seem to have digested these two pieces of news by focusing on the downside: that the country’s $39 billion defense budget remains quite modest compared with the $106 billion military budget at China’s disposal.

The critics should bear two things in mind before giving into defense budget envy. First, a 13 percent increase is actually very generous in the context of an Indian economy that’s only expected to grow by7.6 percent in the coming year. Larger increases aren’t only unaffordable but also strategically untenable, as they would alarm neighboring countries.

*Indian officials are preoccupied by China’s growing military power. They would do better to fix their own incoherent defense establishment.
Source: DTN News - - This article compiled by Roger Smith from reliable sources By Trefor Moss - The Diplomat

Monday, March 19, 2012

DTN News - CHINA HIKES DEFENCE BUDGET: China Massive, Technology-Led Military Buildup And Bully-In-The-Neighborhood Stance Fuels Asian Arms Race

DTN News - CHINA HIKES DEFENCE BUDGET: China Massive, Technology-Led Military Buildup And Bully-In-The-Neighborhood Stance Fuels Asian Arms Race


(NSI News Source Info) TORONTO, Canada – March 19, 2012: Chinese Paramilitary soldiers train outside their barracks in Beijing on March 19, 2012. 


Military spending in Asia will top that in Europe for the first time this year, the International Institute for Strategic Studies (IISS) said in its annual assessment of the strength of the world's armies.


China leads the way in Asia and is engaged in a modernisation programme of its forces and military hardware financed by its rapid economic development.


http://defense-technologynews.blogspot.ca/ 



DTN News - CHINA HIKES DEFENCE BUDGET: China Massive, Technology-Led Military Buildup And Bully-In-The-Neighborhood Stance Fuels Asian Arms Race

DTN News - CHINA HIKES DEFENCE BUDGET: China Massive, Technology-Led Military Buildup And Bully-In-The-Neighborhood Stance Fuels Asian Arms Race
(NSI News Source Info) TORONTO, Canada – March 19, 2012: Chinese Paramilitary soldiers train outside their barracks in Beijing on March 19, 2012.

Military spending in Asia will top that in Europe for the first time this year, the International Institute for Strategic Studies (IISS) said in its annual assessment of the strength of the world's armies.

China leads the way in Asia and is engaged in a modernisation programme of its forces and military hardware financed by its rapid economic development.


http://defense-technologynews.blogspot.ca/ 

Sunday, March 18, 2012

DTN News - CHINA HIKES DEFENCE BUDGET: China Engaging In Military Buildup While US Cuts Forces

DTN News - CHINA HIKES DEFENCE BUDGET: China Engaging In Military Buildup While US Cuts Forces

(NSI News Source Info) TORONTO, Canada - March 18, 2012: An expert on Communist China says the United States could be making a grave mistake by cutting back on defense spending while China is doing just the opposite.

Beijing recently announced a new defense budget of approximately $106 billion, which equates to an 11.2-percent increase. Cheng says this increase coupled with last years 12.7 percent increase means that China is now spending more on its military than all other Asian nations combined. The new budget comes at a time when the Obama administration, despite calling for a higher priority in Asia, is busily reducing the U.S. defense outlay.

While many critics of defense spending in the United States say that it is larger than the majority of the world, Dean Cheng, a research fellow at the Asian studies Center with The Heritage Foundation  says there are key differences between the two militaries.

“the U.S. is a key enforcer of international norms and safety. It is the American Navy, more than any other, that keeps the world’s sea lanes safe. It is the U.S. Air Force that provides space situational awareness, including conjunction warnings, to all other space-faring nations (including China) and manages the GPS constellation to global benefit—both without charge.”

He goes on to note that by contrast China's military budget is spent almost entirely on Chinese interests. While he acknowledges that with China having the second largest economy in the world it is expected that have a substantial military, and that while the Chinese defense spending increases by themselves should not draw alarm, there are other reasons for concern.

Cheng says there are two aspects of Chinese defense priorities that could spell problems for the United States.

The first thing he says is that the Chinese are focused on countering the US military. "So they buy things like anti-ship ballistic missiles -- which really are of use only against things like American aircraft carriers, but not against, say, Somali pirates," he offers.

Cheng says another advantage the Chinese military has is that it is still more of a local military operating near China rather than maintaining a global presence like the US. This means China can put all of its resources up against only a portion of the US military.

He goes on to note the Chinese Communist Party appears to be taking a more aggressive stance not only against US interests but against its neighbors Japan, Taiwan and South Korea. The government has been making claims of sovereignty over the South and East China seas and expanding its forces opposite Taiwan.

China is not the only military United States should be concerned about. While our military is facing the possibility of close to $1 trillion in cuts over the next 10 years and a reduction of up to one third of our military force, Russia is also engaging on a military buildup.

A 10 year, $640 billion military modernization underway in Russia will include 600 new aircraft, 1000 new choppers and an additional hundred ships added to the Russian Navy including 20 submarines.

By contrast, the Pentagon has said it may be forced to engage in involuntary separations to meet troop reduction goals of 67,100 soldiers form active and reserve Army units, 15,20 from the Marine Corps, 8,600 from the Navy and 1,700 from the Air Force as part of $487 in budget cuts. If Congress is unable to reach targeted spending cuts that were a part of the congressional deal reached during last years debt ceiling debate another $500 billion could be cut from the military budget.