adaptable, agile, versatile, beginning to think that they need to budget in the pentagon for a new thesaurus, they're using those words so many times, but the same should be true of the budget. it's got to be flexible and adaptable, and the reality here is that further cuts are likely even if we avoid sequestration, the defense budget is likely to still decline in the years to come. so i would urge the pentagon to start working on a plan "b" and if it means you have to start over and come up with a new strategy that is more flexible and adaptable to the budget environment, then so be it. that's all i have. >> thank you, todd. stephanie, you want to pick it up from here? >> absolutely. good morning and again thank you for joining us this morning. i have a different interest in tracking yesterday's announcements. my perspective looks at programmatic details but also the strategic implications and the kinds of risks that these documents that we've seen, whether it's the strategy or the strategic guidance that was promulgated earlier this month or yesterday's budgetary announcements. i will say

adaptable, agile, versatile, and beginning to think that they need to budget the pentagon for a new thesaurussing those words many times. the same is true of the budget. it has to be flexible and adaptable. the reality is that for the cuts are likely, even if we avoid sequestration, and the budget is likely to decline in years to come. i would urge the pentagon to start working on a plan b. if that means you have to start over and come up with a new budget that is flexible and adaptable, so be it. >> thank you. stephanie, do you want to pick it up from here? >> absolutely. thank you for joining us this morning. i have a different interest in tracking yesterday's announcement. my perspective looks at programmatic vetoes and the kinds of risks that these documents we have seen, whether it is the strategy or the strategic guidance earlier this month or yesterday's budgetary announcement. i will say that the tells really do matter. we do not have sufficient detail about the budget right now to make specific recommendations or to cast particular stones as considerations -- at considerations or dec