Defense Secretary Leon Panetta quashed talk that he would quickly bail out on the second Obama Administration, telling reporters during a flight to Australia Nov. 12 that he believes he has a responsibility to deal with the current fiscal and strategic issues facing DOD. He said, “My goal is to basically meet my responsibilities in terms of dealing with those issues [which he cited as “sequestration, budget issues, issues related to planning on Afghanistan”] and that’s the most important focus I have right now.” However, when pressed as to whether he would stay for the next four years, Panetta replied, “Who the hell knows?” (Pentagon transcript)
Reduced competition, over-reliance on legacy systems, and declining funding are all contributing to a “critical inflection point” in propulsion for the Pentagon and industry members—and things are headed in the wrong direction, the director of the Air Force’s propulsion directorate warned. Speaking with reporters at the Life Cycle Industry Days…