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    Posts Tagged ‘defense cuts’

    Defense cuts could equal 1 million jobs lost

    by Staff Writer Published: October 26,2011

    Tags: Aerospace Industry Association, defense, defense cuts, Jobs, study

    More than 1 million American jobs could be lost as a result of defense budget cuts if the deficit reduction committee fails to reach agreement on alternative balanced budget solutions, and total cuts to defense reach $1 trillion. The study, done by Stephen Fuller, director of regional analysis at George Mason University and Economic Modeling [...] [...]

    ‘Doomsday’ defense cuts loom large for select 12

    by Associated Press Published: August 15,2011

    Tags: Aerospace/Defense, Boeing, congress, defense cuts, Lockheed Martin, Raytheon, supercommittee

    For the dozen lawmakers tasked with producing a deficit-cutting plan, the threatened “doomsday” defense cuts hit close to home. The six Republicans and six Democrats represent states where the biggest military contractors — Lockheed Martin, General Dynamics Corp., Raytheon Co. and Boeing Co. — build missiles, aircraft, jet fighters and tanks while employing tens of [...] [...]

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