Defense contractors will be affected by cuts, Pentagon says

03/4/2013 | Bloomberg Businessweek

The Pentagon's budget cuts will hit defense contractors, but the Defense Department has not released details on the cuts. "I can't sit here and tell you you will be unaffected," Pentagon Comptroller Robert Hale said, addressing defense contractors in a TV interview. "You will. We will try to communicate with you as best we can."

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