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Are contractors exaggerating sequestration impact?

As sequestration draws nearer, contractor groups have pointed to alarming studies that show the 9 percent in across-the-board Defense cuts would throw at least 1 million people out of work and potentially cripple the defense and aerospace industries. But in a new report, the Center for International Policy, a nonprofit group which advocates reducing military spending, presented evidence that far fewer defense-sector jobs would be lost than industry has claimed and that defense companies would likely be able to absorb the defense cuts.

Tags: sequestration , budget , Industry , Marion Blakey , AIA , DoD , defense industrial base , Center for International Policy , Jack Moore

Tuesday - 02/12/2013, 06:08pm EST