“U.S. Defense Secretary Chuck Hagel on Saturday outlined a series of reforms designed to tackle what he views as the military’s declining prowess as China, Russia and others field new weapons technologies,” the Wall Street Journal reports.  

“Mr. Hagel said the Pentagon needed to look outside the traditional defense industry to target emerging technologies that could be developed within budget constraints, a move that some leaders believe could reshape the weapons business over the next decade.”  

“The so-called third offset strategy mimics the resetting of U.S. military priorities in the 1950s and then the 1970s. Nuclear weapons and then a combination of stealthy, radar-evading platforms with precision-guided bombs and missiles allowed the U.S. to maintain a technological edge over adversaries that often had far larger numbers of troops and conventional weapons.”