In the year after Osama Bin Laden's death, the global terrorist syndicate he founded has undergone a makeover, becoming more regionally focused than ever before.
Many administration officials describe al Qaeda as "decimated" and "destroyed." But intelligence officials and experts say such pronouncements are premature. They see al Qaeda as a terror group that has greatly changed since last year, but one that remains lethal.
Read more about the state of al Qaeda.