Critics of Overseas Contingency Operations (OCO) funds point to regular base budget activities funded under OCO and its use to skirt discretionary spending limits. However, blaming OCO for our defense budget blunders, or calling for its complete elimination, punishes those who need OCO’s benefits without effectively punishing those who’ve instigated its abuse.
On July 12, Turkey received the first elements of the S-400, a fourth-generation surface-to-air Russian missile system. Few recent weapon sales have been as geopolitically charged as this one. U.S. officials have threatened both military and economic sanctions should Turkey acquire the Russian system.
Raytheon and United Technologies Corporation recently announced plans to merge into a new company, Raytheon Technologies, in 2020. While the past few years have seen significant industrial consolidation with the defense sector, the proposed Raytheon-UTC merger would be the largest defense merger in recent history.