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Budget

Analysts: Pockets Of Growth For Defense Industry

Julie Samuel

Monday, February 11th, 2013

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The defense-industrial base will still have ample contracting opportunities--despite the Pentagon’s shrinking budget--in areas such as cybersecurity and new innovations, analysts say. The defense industry is no doubt facing challenging times--as the March 1 start date for $500 billion in longterm Pentagon cuts nears. Still, companies that position themselves to address unavoidable threats and offer cost-saving innovations will tap pockets of growth in the military budget, panelists said last Friday at the nonpartisan Center for Strategic and International Studies (CSIS)…

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