Reuters reports that “the U.S. Army faces big funding challenges for another five to seven years, but senior officials sought to reassure U.S. arms makers on Wednesday that they would keep investing in cutting edge technologies to maintain U.S. military superiority.”  

The piece continues: “Some top industry executives told analysts last month they thought U.S. military spending would nose up again after 2014 and 2015, but General Dennis Via, the four-star general who runs Army Materiel Command, said the end of the downturn was not yet in sight.”