Close this Advertisement




Push on for more defense cuts

  • By Washington Technology staff
  • May 12, 2011
Defense contractors could see the department's budget shirnk another $8.9 billion from the proposed fiscal 2012 budget if a planby the House Appropriations Committee to trim an additional $121 billion from federal programs goes through, reports Rick Maze in Defense News.

The reduction would put DOD's budget at $17 billion less than it received for fiscal 2011.

However, the committee was short on specifics. It has proposed tentative spending caps for its 12 subcommittees, which then will decide how to apportion the money the full committee allows, Maze reports.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?
My e-mail address is:

Do you have a password?
Forgot your password? Click here
close
SEARCH

Trending

Webcasts

  • How Do You Support the Project Lifecycle?

    How do best-in-class project-based companies create and actively mature successful organizations? They find the right mix of people, processes and tools that enable them to effectively manage the project lifecycle. REGISTER for this webinar to hear how properly managing the cycle of capture, bid, accounting, execution, IPM and analysis will allow you to better manage your programs to stay on scope, schedule and budget. Learn More!

  • Sequestration, LPTA and the Top 100

    Join Washington Technology’s Editor-in-Chief Nick Wakeman as he analyzes the annual Top 100 list and reveals critical insights into how market trends have impacted its composition. You'll learn what movements of individual companies means and how the market overall is being impacted by the current budget environment, how the Top 100 rankings reflect the major trends in the market today and how the biggest companies in the market are adapting to today’s competitive environment. Learn More!