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Business/Financial

Analyst: Sequestration Would Not Fully Hit Industry Next Year

Julie Samuel

Monday, August 27th, 2012

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Even if so-called sequestration cuts to the Pentagon budget kick in next year, the defense industry would not feel the full impact of the decade-long spending reductions for a few years, a top think tank analyst said. Todd Harrison, a fellow for defense budget studies at the non-partisan Center for Strategic and Budgetary Assessments (CSBA), told reporters that if the sequestration cuts go through next January, Pentagon outlays for weapons research and procurement would not drop as quickly as other defense…

Congress

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