In case you haven't noticed, the military test craze these days is amazing.

Last week it was Boeing's Airborne Laser first full trial, then the anti-missile rocket launched at Vanderberg Airforce Base, and now it is the—quite amazing, I've to admit—Multiple Kill Vehicle hovering test, a system designed to neutralize Inter-Continental Ballistic Missiles, flying into falling warheads and decoys to eliminate them, one by one, with mini-vehicles. As President-elect Obama gets ready to cut unnecessary military programs, Lockheed Martin, Boeing, Northrop Grumman, and the Pentagon are hurrying to demonstrate their ongoing projects. The question is: Would cutting such programs—which generate highly-skilled employment and advance technology—actually help the economy? Would military cuts make the US irrelevant in the long run or could we transition to a more peaceful aerospace industry?