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Business/Financial

Industry Groups Fight Defense Cuts

Julie Samuel

Tuesday, September 6th, 2011

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Industry groups are calling on President Barack Obama to protect aerospace and defense positions as he prepares a job-generating plan and lawmakers prepare to weigh more Pentagon budget cuts. The Aerospace Industries Association (AIA) and International Association of Machinists and Aerospace Workers (IAM&AW) say in a Sept. 1 letter to Obama they are “concerned that reductions in federal spending could have harmful, if not catastrophic, consequences to our current and future national security, economy and workforce.” Obama plans to unveil on…

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