Gallery: Arms Away

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"Yet there is good news as well: many of the U.S. defense industry's competitive advantages -- massive economies of scale, a research budget that still dwarfs the rest of the world's, and the proven quality of its products -- will remain robust for the foreseeable future." --Caverley and Kapstein, "Arms Away"

The cockpit of the F-35 Lightning II, as displayed on a simulator. (Hyungwon Kang / Courtesy Reuters)

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