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Companies Name Weapon Systems Vulnerable To DoD Cuts

Defense industry executives called for more clarity regarding potential across-the-board Pentagon budget cuts yesterday, warning lawmakers that programs for jets, helicopters, and ships could be harmed. Leaders of Lockheed Martin [LMT], EADS North America, Pratt & Whitney [UTX], and Williams-Pyro told a largely receptive House Armed Services Committee (HASC) that they are anxious about their employees and weapons systems because President Barack Obama’s administration has provided scant information on how the so-called sequestration cuts could be implemented. They cited marquee…

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