Donald Trump’s policy agenda is remarkably similar to Ronald Reagan’s, and that includes a commitment to rebuilding America’s military. During his first four years in office, President Reagan increased the purchasing power of the Pentagon’s budget by 40%, with a disproportionate share of the increase going to procurement of new weapons. Today, over three decades later, the military still relies on weapons that Reagan bought. Like Reagan, Trump is controversial, but he has a big advantage over the 40th president in that his party controls both chambers of Congress. So it appears a “Reagan moment” has arrived for America’s military, and over the next 4-8 years there will be a rebirth of defense investment and innovation. I have written a commentary for Forbes here.
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