Spending cuts trickling to defense contractors

Friday - 5/27/2011, 3:44pm EDT

Marion Blakey, President and CEO, Aerospace Industries Association

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Spending cuts at the defense department are trickling down to contractors.

Marion Blakey is president and CEO of the Aerospace Industries Association. Her group has met with decision makers from the Senate, DOD and industry. She discusses how some defense contractors are feeling the pinch.