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Business/Financial

New House Panel Probes Defense Industry Risks

Julie Samuel

Wednesday, September 21st, 2011

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A new House panel focused on helping companies contract with the Pentagon during its inaugural hearing yesterday examined risks the industry faces. Rep. Bill Shuster (R-Pa.), chairman of the House Armed Services Committee’s (HASC) new Panel on Business Challenges within the Defense Industry, kicked off the work of the seven-member panel by quizzing a witness on why firms find it risky to work with the Pentagon. “A lot of people would consider doing business with the Pentagon not very risky…

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