28 Feb '13, 11pm

Sequestration and the US Defense Industrial Base ? Dawn over Doomsday? - @DefenseUpdate

These cuts impact almost all programs – large or small, driving potential layoffs of hundreds of thousands in the military and defense industries in the US. “We will have to address a revised defense strategy based on a post-sequester budget environment.” Lt Gen. Charles R. Davis, USAF Military Deputy, Office of the Assistant Secretary of the Air Force (Acquisition) told the Committee, “This will require tough strategic choices to ensure the Air Force balances competing requirements across our enduring contributions – Air and Space Superiority; Intelligence, Surveillance, and Reconnaissance; Rapid Global Mobility; Global Strike; Command and Control.” The reduction of about $8 billion in Department of the Navy Fiscal Year 2013 investment accounts due to sequestration are also far reaching – with impacts to naval aviation, ground-warfare systems, strike weapons, research and...

Full article: http://defense-update.com/20130228_sequestration-and-the-...

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