Defense Budget and Sequestration
Todd Harrison discussed Defense Department budget cuts that go into effect in January 2013 as a result of sequestration. The cuts are part o… read more
Todd Harrison discussed Defense Department budget cuts that go into effect in January 2013 as a result of sequestration. The cuts are part of the 2011 Budget Control Act that raised the debt ceiling. In his remarks he said that the cuts would not have an immediate impact on weapons manufacturers but would force future contracts to be renegotiated. Mr. Harrison answered several questions from those in attendance. close
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