The Pentagon and $125 billion of Bureaucratic Waste
By Sebastian Sobolev, Doug Berenson and Matt Vallone
On Monday, December 5, The Washington Post reported that the Pentagon buried an internal study that found $125 billion in administrative waste in the business operations of the DoD for fear that Congress would use the findings as an excuse to slash the defense budget. Sebastian Sobolev, Doug Berenson and Matt Vallone of Avascent Analytics discuss the findings of study in the context of their own analysis of the O&M budget, and consider what the DoD could actually do if $125 billion of budget was freed up. The original Washington Post investigation can be found here: http://wpo.st/P4vJ2.
ABOUT THE PRESENTERS
Sebastian Sobolev is the Deputy Director of Avascent Analytics, where he coordinates the development of a variety of quantitative and qualitative analytic tools that are used to support strategic planners in defense corporations and governments. For more information, contact firstname.lastname@example.org.
Doug Berenson is Managing Director of Avascent Analytics. Doug specializes in analyzing defense and aerospace markets, with particular focus on the macroeconomic, budgetary and programmatic forces shaping global security markets. With particular depth in the military aviation and C4ISR sectors, Doug works with clients worldwide to help them formulate portfolio and growth strategies, pursue new program opportunities, and evaluate potential mergers and acquisitions. For more information, contact email@example.com.
Matt Vallone, Director of Research & Analysis at Avascent Analytics, is responsible for the team of analysts that maintain and update Avascent’s Global Platforms and Systems database. In addition, Matt serves as Avascent’s primary expert on Congressional activity and the appropriations process, writing a weekly report on Congressional action. Prior to working for Avascent, Matt served as legislative director for Congresswoman Carol Shea-Porter in the U.S. House of Representatives. For more information, contact: firstname.lastname@example.org.
Introducing Avascent’s New Podcast!
Avascent On The Record is an audio news podcast that examines issues and trends in government-driven markets. Programs range from discussions on aviation, defense systems, space and satellite communications, healthcare, and much more. Podcasts will be released every few weeks. Browse our podcast archive here.