Author Archives: Loren B. Thompson, Ph.D

Capitalism In Space: The Beguiling Myth Market Forces Can Fix Everything (From Forbes) On March 10 the Center for a New American Security released a report entitled “Capitalism in Space” that argued the government should abandon its traditional approach to managing civil and military space programs, relying more on “free enterprise” to get [Read More...]
Versatile V-22 Osprey Is The Most Successful New Combat System Since 9-11 (From Forbes) At its inception in the early 1990s, the V-22 Osprey tiltrotor was so controversial that Secretary of Defense Dick Cheney repeatedly tried to terminate it.  He didn’t succeed, because Congress and the Marine Corps could see the game-changing potential of [Read More...]
Army Needs One Hour Of Federal Spending Per Year To Fix Vulnerable Links — And Can’t Find It (from Forbes) If you can’t move on the modern battlefield, then you probably can’t survive.  However, most of the U.S. Army’s combat units are equipped with communications gear that requires them to come to a halt before communicating with headquarters.  If they [Read More...]
Air Force “Light Fighter” Concept Seems A Bit Light On Logic (From Forbes) Despite suffering from a chronically underfunded modernization budget, the Air Force is pressing ahead with experimentation on yet another new aircraft.  It’s a propeller-driven “light fighter” that could be used to attack irregular forces such as ISIS from so-called permissive [Read More...]
Ex-Im Bank Critics Are Undermining Trump’s Trade Strategy (From Forbes) A small band of free-trade zealots is trying to hobble the Export-Import Bank, and in the process making President Trump’s campaign to restore U.S. competitiveness even harder. Ex-Im, as it is often called, is the official export credit agency of [Read More...]
U.S. Spends Three Times More On Lottery Tickets Than On Equipping Its Army — And It Shows (From Forbes) The Romans had a saying that if you want peace, prepare for war.  Judging from the way the U.S. funds its Army, Americans are preparing to party.  The amount of money that was requested by the Obama administration for equipping [Read More...]
Trump ‘Historic’ Defense Increase Is Barely Above What Obama Planned — And Faces Similar Obstacles (From Forbes) Despite all the hoopla in the media about President Trump proposing big increases in defense spending at the expense of domestic programs, the White House plan announced Monday would only raise Pentagon outlays 3% higher in 2018 than the amount [Read More...]
As N. Korea Concerns Grow, Here’s How Little U.S. Is Spending To Defend Against A Ballistic Missile Attack (From Forbes) The biggest threat to America’s security isn’t terrorism or cyber attacks, it’s the danger a country like North Korea will launch nuclear warheads against the U.S. homeland. One nuclear warhead detonated over a major American city could kill millions.  So [Read More...]
In A Time Of Rising Nationalism, Boeing Becomes The Model Of What An American Company Should Be (From Forbes) In the three months since Donald Trump was elected president, no corporate executive has interacted more with him than Boeing Chairman & CEO Dennis Muilenburg.  Trump apparently has concluded that the nation’s biggest exporter is a model for how he [Read More...]
Pentagon Wants To Subsidize A Foreign Company So It Can Service U.S. Spy Satellites (From Forbes) The Defense Advanced Research Projects Agency has hatched a plan for servicing satellites in orbit that seems distinctly out of sync with the priorities of the Trump administration.  The project is called “Robotic Servicing of Geosynchronous Satellites,” and it was [Read More...]
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