Chuck Hagel enjoys a laugh with former President Bill Clinton as Hagel presents Clinton with the Atlantic Council's Distinguished International Leadership Award, April 28, 2010.
"He's a budget hawk," says Fishman. "He's somebody who has embraced, at least, the concept of cutting the defense budget in the past."
The challenge for the budget is going to be a political one, adds Leed.
"That math is the easy part. The hard part is selling it to Congress, to the American people, and to some extent, to industry," she says. "It's arguable how much influence he'll have in Congress, but he has a huge amount of credibility with the American people."
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