Pentagon: Sequestration will cause hundreds of thousands of layoffs

03/30/2012 | KGMI-AM (Bellingham, Wash.)

The defense industry could see mass layoffs if Congress doesn't act to stop $500 billion in automatic spending cuts due to take effect in January, the Pentagon warned this week. In addition, the Pentagon would have to break contracts, including one with Boeing for a refueling plane and another with Lockheed Martin for combat ships, if the cuts take place, said Frank Kendall, the Defense Department's acting undersecretary for acquisition, technology and logistics.

View Full Article in:

KGMI-AM (Bellingham, Wash.)

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Global Quality Assurance Engineer, Software #514021
LORD Corporation
Cary, NC
Sr. Certification Engineer #514049
LORD Corporation
Cary, NC
Development Director
Equality Pennsylvania
Philadelphia, PA
Director of Government, Community, and Media Relations
Union Community Health Center, Inc.
Bronx, NY
Aerospace Business Development Manager # 314048
LORD Corporation
Cary, NC