(HTML version) (PDF version) by Carl Conetta, Project on Defense Alternatives, 06 February 2003. This article examines a ten-year failure to adapt US security policy to post-Cold War realities and assesses how well three different concepts of military transformation correspond to these new realities. Originally published in Security After 9/11: Strategy Choices and Budget Tradeoffs by the Security Policy Working Group, January 2003 (.pdf file). A compilation of eight articles that gauge the cost and effectiveness of post-9/11 US security policy offering assessments of counter-terrorism, homeland security, and military transformation policies in light of alternative options and budget tradeoffs. Executive summaries and author contact information included.