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Budget

Defense Industry Welcomes End To Most Pentagon Furloughs

Defense Daily Staff

Tuesday, October 8th, 2013

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Several defense companies have stepped back from extensive furloughs of their own workforce following the Pentagon’s decision to recall civilian employees, but warned on Monday that a prolonged government shutdown could force them to proceed with the plans. Defense giant Lockheed Martin [LMT] said it will furlough fewer employees than originally envisioned, but said others will still be told to stay home because of government-issued stop work orders on programs and limited access to government facilities. Rival Boeing [BA] said…

Congress

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Budget

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Congress

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