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What is a builddown?

What is a builddown? Here are some definitions.

Noun
  1. A systematic, gradual reduction in the number of something (especially nuclear weapons), normally by destroying more than are built
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Examples
It is time for the federal government to follow a builddown strategy to extract itself from most civilian space ventures and let the private sector take over.
And, of course, you can continue to have offensive weapon builddown, as we are doing unilaterally in this country and as the Russians are doing.
The builddown of national defense has cast a shadow over particular industries and regions of the nation.
President Reagan understood that sometimes you need an arms buildup before you can have an arms builddown.
It would accelerate progress toward a stable strategic environment by adding a more general stand-down of nuclear forces to the gradual builddown now beginning.
Regime change in Moscow led to a rapid nuclear-arms builddown on both sides that would previously have been considered impossible by orthodox arms-control thinkers.

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