By The Latest Word On Trends And Developments In Aerospace And Defense Sequestering Air. The Federal Aviation Administration would be hit hard by so-called sequestration cuts of $1.2 trillion to the federal government over a decade that could start next year, a new study concludes. The research by the Aerospace Industries Association and Econsult Corporation finds the politically unpopular cuts could drain $80 billion a year from the U.S. gross domestic product, cost up to 132,000 aviation jobs, and strip nearly…
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