The Aerospace Industries Association and leaders of several large defense companies last week warned Congress that the ongoing sequestration is having negative impacts on the defense industrial base for big and small companies and urged congressional leaders to end the impasse over budget. The sequester has “eroded” the ability of the industry to create new jobs and “to maintain our current intellectual capital,” Wes Bush, Michael Strianese, and Marion Blakey, the respective chiefs of Northrop Grumman [NOC], L-3 Communications [LLL]…
Industry Leaders Warn Of Sequestration’s Impacts On Large And Small Companies
Defense Daily Staff
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