The Defense Department has begun “some” planning for the possibility of tens of billions of dollars in cuts if Congress is unable to reach an agreement to stave off draconian spending reductions set to take effect the first week of January, the Pentagon’s acquisition chief said yesterday. Frank Kendall, the undersecretary of defense for acquisition, technology and logistics, told a gathering in Washington that he is hopeful the lame-duck Congress that will convene later this month following Tuesday’s election will at…
Pentagon Planning For Sequestration Underway, Acquisition Chief Says
Defense Daily Staff
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