DoD Sequestration Not as Doomsday as Some Predict

With Department of Defense budgets cuts on the horizon, the contractors are playing hardball. Last month, an article in Politico reported that defense contractors are threatening to send layoff notices to employees right before the 2012 presidential election. Their reason? The proposed ten percent cut in defense spending would force them to layoff hundreds of thousands of workers to stay afloat. However, a new article in Defence Professionals argues that the threat is nothing more than a veiled attempt to protect profit margins.