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But some analysts had said that the figure masked a bleaker performance, because it included several one-time gains that should not have been part of ongoing operations.
"Rising personnel costs and a wave of systems acquisitions initiated some time ago, as well as the costs of ongoing operations, leave little room for investment to satisfy newly identified requirements," the institute noted in its annual Strategic Survey.
Accordingly, his not having been briefed on potentially embarrassing details of ongoing operations is consistent with the need for "plausible deniability", a policy which has been more-or-less observed by presidents since the Eisenhower administration.
"The main difference is the strength of the Aussie dollar, which clearly is causing businesses to markedly reassess the viability of ongoing operations as well as strategic direction," Mr. Sebastian said.
The war game measured how the strains of new commitments to domestic defense, the demands of long-term deployments in places like the Balkans and South Korea, southwest Asia and the Sinai, and the stress of ongoing operations in Afghanistan, would affect the military's ability to wage and win a new regional war.
Furthermore, the leaders of ongoing operations have more concrete arguments for why they should get what they want.
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A spokesman for British forces in the country, Lieutenant Colonel David Wakefield, said: "The patrol was operating near the newly built patrol base Walizi, part of the ongoing operations by the Coldstream Guards battle group in that area to bring security to local people".
As part of the ongoing operations to secure the country, military officials said today that the Fourth Infantry Division, which has the Army's most advanced Abrams tanks, would be assigned control over northern Iraq.
They also strip out one-time gains or losses to arrive at a figure that, they say, reflects the true performance of its ongoing operations: the company's core earnings.
These non-GAAP measures are included to provide management, our investors and prospective investors with an alternative method for assessing our operating results in a manner that is focused on the performance of our ongoing operations and to provide a more consistent basis for comparison between quarters.
There have been reports that European countries are not willing to share intelligence for fear of compromising ongoing operations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com