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Study: Drawdown, Budget Caps Have Harmed Every Sector Of Defense Industrial Base

Monday, January 22nd, 2018

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Study: Drawdown, Budget Caps Have Harmed Every Sector Of Defense Industrial Base

Norway's first F-35A, called AM-1, is in production at the Lockheed Martin Fort Worth, Texas assembly plant. Photo: Lockheed Martin.

Every sector of the defense industrial base has been hit by a decline in contracts first from the military drawdown from lengthy wars in the Middle East and Asia and a second jab from Congress with the Budget Control Act of 2011.The decline in contract obligations within 11 sectors ranged from a 76 percent decline for land vehicles to the relatively unscathed aircraft portfolio that declined only about 8 percent during the same period, according to a comprehensive study of…

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