"Our military will be leaner, but the world must know the United States is going to maintain our military superiority," Obama said with Panetta and the Joint Chiefs of Staff chairman, Gen. Martin Dempsey, at his side.
In a presidential election year the strategy gives Obama a rhetorical tool to defend his Pentagon budget-cutting choices. Republican contenders for the White House already have attacked him on national security issues including missile defense, Iran and planned reductions in ground forces.
Obama unveiled the results of an eight-month defense strategy review that is intended to guide decisions on cutting hundreds of billions from planned Pentagon spending over the coming decade. The eight-page document contained no details about how broad concepts for reshaping the military - such as focusing more on Asia and less on Europe - will translate into troop or weapons cuts.
Those details will be included in the 2013 defense budget to be submitted to Congress next month.
In about every major war or defense speech Obama hits themes intended to resonate with American voters - mainly, that the United States is turning a page from two wars, and that any nation-building will focus on improving the United States, not strategic allies abroad.
The economy is more likely to determine Obama's re-election fate than national security. To keep his promises to shrink the deficit and to prove he is serious about fiscal management to voters wary of enormous government spending, Obama must show the oft-protected Pentagon is not exempt.
The political danger, though, is that his opponents will use any slashing of spending to paint the president as weak on security.
