Tom Bowman

A suspected drug kingpin from the tiny West African nation of Guinea-Bissau was captured on the high seas by agents from the U.S. Drug Enforcement Agency earlier this month, brought to Manhattan and is now awaiting trial.

The dramatic sting operation sheds light on what officials say is a growing national security threat: criminal networks teaming up with extremist organizations.

Defense Secretary Chuck Hagel, in his first major policy speech, laid out Wednesday how to deal with threats in an era of tight defense budgets.

Hagel has ordered the Pentagon to take a hard look at how many soldiers and sailors it needs and what types of weapons it buys. He says the Pentagon is at war with itself: There are competing and spiraling costs within the military — for aging weapons, and for health and pension benefits for military personnel and retirees.

Several weeks ago, Gen. Martin Dempsey, the chairman of the Joint Chiefs, said the U.S. is planning what to do about Syria's vast chemical weapons program once Bashar Assad's regime falls. The Syrians are believed to have hundreds of tons of chemical agents, including sarin, one of the deadliest chemical agents. A few drops can be lethal.

So the central question is this: How can those sites be secured so they don't fall into the wrong hands?

More than four months after a deadly attack at a sprawling allied base in Afghanistan that killed two U.S. Marines, there are lingering questions about how it happened.

The economy shrunk in the fourth quarter — for the first time in three years — and one of the critical reasons was a drop in defense spending. Apparently, contractors took precautionary steps and held onto money in case the federal government failed to avert the fiscal and tax crisis known as the fiscal cliff.

But there's now a new deadline — automatic budget cuts, known as sequestration, which may hit at the beginning of March.

The Effect On Contractors