In his 1961 farewell address, President Dwight Eisenhower famously warned about the dangers of the business of war–what he called the “military industrial complex.” Now, more than six decades later, that warning still rings true. The US military is the most powerful – and expensive – in the world, but the Pentagon bureaucracy is vast, inefficient, and often slow to adapt to a rapidly changing world. 

Bloomberg reporters Peter Martin, Courtney McBride, and Roxana Tiron join this episode to talk about their deep reporting about concerns inside and outside the Pentagon that the US military is in danger of falling behind rivals including China, and what the Defense Department is doing to change. 

Michèle Flournoy, a former Undersecretary of Defense for Policy, also joins to give perspective on how the Pentagon works, what it does right, and what it needs to do better.

Read more: https://bloom.bg/3JiAnXW

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

This podcast is produced by the Big Take Podcast team: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Mo Barrow, Rebecca Chaisson, Michael Falero and Federica Romaniello, Associate Producers: Sam Gebauer and Zaynab Siddiqui. Sound Design/Engineers: Raphael Amsili and Gilda Garcia.

In his 1961 farewell address, President Dwight Eisenhower famously warned about the dangers of the business of war–what he called the “military industrial complex.” Now, more than six decades later, that warning still rings true. The US military is the most powerful – and expensive – in the world, but the Pentagon bureaucracy is vast, inefficient, and often slow to adapt to a rapidly changing world. 
Bloomberg reporters <a href="https://www.bloomberg.com/authors/ATDw2KbIT-Q/peter-martin">Peter Martin</a>, <a href="https://www.bloomberg.com/authors/AV0yAhFNzns/courtney-mcbride">Courtney McBride</a>, and <a href="https://www.bloomberg.com/authors/AQSfcWdmnaM/roxana-tiron">Roxana Tiron</a> join this episode to talk about their deep reporting about concerns inside and outside the Pentagon that the US military is in danger of falling behind rivals including China, and what the Defense Department is doing to change. 
Michèle Flournoy, a former Undersecretary of Defense for Policy, also joins to give perspective on how the Pentagon works, what it does right, and what it needs to do better.
Read more: <a href="https://bloom.bg/3JiAnXW">https://bloom.bg/3JiAnXW</a> 
Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https://bloom.bg/3F3EJAK">https://bloom.bg/3F3EJAK</a> 
Have questions or comments for Wes and the team? Reach us at <a href="mailto:bigtake@bloomberg.net">bigtake@bloomberg.net</a>. This podcast is produced by the Big Take Podcast team: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Mo Barrow, Rebecca Chaisson, Michael Falero and Federica Romaniello, Associate Producers: Sam Gebauer and Zaynab Siddiqui. Sound Design/Engineers: Raphael Amsili and Gilda Garcia.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Is the Pentagon Losing Its Edge?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e3a7e8b1-30f4-4a87-ace1-afba016ea074/transcript

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