Crack in the edifice: some defense industry execs dispute that sequestration would be the end of the world.

Execs: Sequestration Hype Could Hurt Firms

defensenews.com 23 Jul '12, 12pm

Crack in the edifice: some defense industry execs dispute that sequestration would be the end of the world.

As the rhetoric on Capitol Hill continues to rage over the pending automatic U.S. budget cuts known as sequestration, senior defense executives and industry representatives are forming into two camps. The first camp has no shortage of dire predictions over the devastation to the nation’s industrial base if the cuts take effect next January. A second, less visible group is quietly wondering if the fire and brimstone might be excessive — and even damaging — to the cause. On the vocal side, four CEOs testifying before the House Armed Services Committee last week repeated many of the points recently offered to the press. Many members of Congress and the executives — Robert Stevens of Lockheed Martin, Sean O’Keefe of EADS North America, David Hess of Pratt and Whitney, and Della Williams of Williams-Pyro — were not shy about their dislike of the sequester. In less than two hour...

Full article: http://www.defensenews.com/article/20120722/DEFREG02/3072...

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@MiekeEoyang » 23 Jul '12, 8pm
.@Raytheon CEO Bill Swanson says stay calm about Sequestration: [link] Reminds me why I liked working with the guy.
@plough_shares » 23 Jul '12, 8pm
RT @natsecHeather: Don't miss Defense News' look at some industry execs saying sequester/jobs is being over-hyped. [link]
@natsecHeather » 23 Jul '12, 7pm
Don't miss Defense News' look at some industry execs saying sequester/jobs is being over-hyped. [link]
@BenFreemanDC » 23 Jul '12, 4pm
Even some #govcon CEO's aren't buying the sequestration hype - [link] via @defense_news #DoD
@cate_long » 23 Jul '12, 3pm
This --> @capreble: Crack in edifice: some defense industry execs dispute that sequestration would be end of the world [link]
@joshuafoust » 23 Jul '12, 2pm
RT @capreble: Crack in the edifice: some defense industry execs dispute that sequestration would be the end of the world. [link]
@capreble » 23 Jul '12, 2pm
Crack in the edifice: some defense industry execs dispute that sequestration would be the end of the world. [link]
@MarcLuley » 23 Jul '12, 12pm
Execs: Sequestration hype could hurt firms [link]
@mostrolenk » 24 Jul '12, 7pm
RT @capreble: Crack in the edifice: some defense industry execs dispute that sequestration would be the end of the world. [link]
@Antiwar2 » 24 Jul '12, 7pm
RT @capreble: Crack in the edifice: some defense industry execs dispute that sequestration would be the end of the world. [link]
@PeaceAction » 23 Jul '12, 9pm
RT @capreble: Crack in the edifice: some defense industry execs dispute that sequestration would be the end of the world. [link]
@Cirincione » 23 Jul '12, 9pm
RT @capreble: Crack in the edifice: some defense industry execs dispute that sequestration would be the end of the world. [link]
@CatoFP » 23 Jul '12, 3pm
RT @capreble: Crack in the edifice: some defense industry execs dispute that sequestration would be the end of the world. [link]
@Cfountain72 » 23 Jul '12, 3pm
RT @capreble: Crack in the edifice: some defense industry execs dispute that sequestration would be the end of the world. [link]
@curtiskj » 23 Jul '12, 3pm
RT @capreble: Crack in the edifice: some defense industry execs dispute that sequestration would be the end of the world. [link]

Execs: Sequestration Hype Could Hurt Firms

Crack in the edifice: some defense industry execs dispute that sequestration would be the end of the world.

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