The impact of existing and looming budget cuts facing the Defense Department from an ongoing budget resolution and sequestration in FY ’13 alone would have a severe impact on some sectors of the defense industrial base for years to come, affecting military readiness and missions, a department official said yesterday. Some public and private sectors of the national industrial base would be damaged enough that it would take them a decade to fully recover from FY ’13 budget cuts driven…
Portions Of Industrial Base Could Take Decade To Recover From FY ’13 Budget Cuts, DoD Official Warns
Defense Daily Staff
SHARE:
