AM64
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You need to read this. I posted this story last year when it first came out. This is from a British website (Royal United Services Institute).
The Return of Industrial Warfare
Here's another interesting look. The problems go back a very long time. Carter, Reagan, and Clinton administrations were up to their eyeballs in screwing stuff up. Reagan had some good ideas but went off in stupid directions sometimes with deregulation - perhaps his declining mental skills couldn't cope with renegades in the administration. Especially beginning with McNamara under LBJ there have been some real clowns involved with evolving military weapons systems and their purchasing. Seems like the process has lost all touch with reality and is completely unsustainable. Congrats to the US military for making war too expensive to fight ... unfortunately not so much for the other guys.