Not specifically military focused, but related nonetheless:

Quote Originally Posted by How to Maintain America's Edge
Yet despite the remarkable success of the U.S. innovation economy, many players in both government and industry have been pulling back from the types of bold long-term investments in fundamental science that could seed the great companies of the future. The entire innovation ecosystem is becoming more shortsighted and cautious. And by failing to invest sufficiently in basic research today, Washington risks creating an innovation deficit that may hobble the U.S. economy for decades to come. This concern has become acute since the White House released its budget blueprint, which proposes crippling cuts to science funding.
How to Maintain America's Edge