Saturday, July 28, 2012

Is There A Division Among Top US Defense Firms That Defense Cuts Would Endanger National Security

Firms Split On Danger Of Defense Cuts -- Defcon Hill

Boeing, General Dynamics, Raytheon and Northrop Grumman have begun to break ranks with other top-tier defense firms warning that $500 billion in automatic defense cuts would hurt national security and lead to devastating job losses.

While these companies remain firmly against the cuts, they are not offering doomsday scenarios of what sequestration would mean to their industry in closed-door meetings with senior decision-makers on Capitol Hill, according to an industry source.

They are also sounding a different note in public.

Read more ....

My Comment: These defense firms can voice all the warnings that they want .... but this is what the politicians are looking at.

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