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The recommendations in the Department of Defense’s latest strategic review would produce both a hollow and aging military unable to engage in simultaneous conflicts involving U.S. interests, defense budget experts said Tuesday. The experts spoke at the Brookings Institution about the Pentagon’s efforts to prepare for $500 billion in spending cuts during the next decade due to budget sequestration. Mackenzie Eaglen, a resident fellow at the American Enterprise Institute, noted that the sequestration cuts come on the heels of about $1 trillion in military spending reductions already enacted under President Barack Obama’s administration. Secretary of Defense Chuck Hagel discussed the...

(Reuters) - The Obama administration will unveil a "more realistic" vision for the military on Thursday, with plans to cut tens of thousands of ground troops and invest more in air and sea power at a time of fiscal restraint, officials familiar with the plans said on Wednesday. The strategic review of U.S. security interests will also emphasize an American presence in Asia, with less attention overall to Europe, Africa and Latin America alongside slower growth in the Pentagon's budget, the officials said. Though specific budget cut and troop reduction figures are not set to be announced on Thursday, officials...

President Barack Obama will join top Pentagon commanders to unveil a new "more realistic" vision for the military, including cuts to ground force numbers as a result of budget strains, officials familiar with the plans said on Wednesday. Defense Secretary Leon Panetta and General Martin Dempsey, chairman of the Joint Chiefs of Staff, will hold a news conference fleshing out the contents of the strategic review of U.S. security interests after Obama's brief remarks on Thursday at the Pentagon, the officials said. They said the review would emphasize military investment in Asia as well as air and maritime power, while...