This article is included in these additional categories:

Daily Rapid Fire | Fuel & Power | Legal | Lobbying | USA

Rapid Fire July 18, 2012: Stuck in a Rut

For more on this and other stories, please consider purchasing a membership.
If you are already a subscriber, login to your account.
* The Aerospace Industries Association (AIA) outdid its previous report on the effect of sequestration on jobs with a new one [PDF] that predicts even uglier outcomes for the whole US economy. The scary numbers are conveniently laid out by state for maximum political impact. An interesting new twist to try and broaden opposition to sequestration beyond defense: “Non-DOD cutbacks would have a much greater direct impact on federal employment than DOD budget reductions due to the respective differences in procurement and payroll distributions.” At this rate a 3rd report threatening a loss of 3 million jobs should be made available just in time for the lame duck session in November. * That very same topic is on the agenda of the House Armed Services Committee with a hearing today where the bosses of Lockheed Martin, EADS NA, Pratt and Whitney, and Williams-Pyro (to bring a small business perspective) testify. * An interesting question is what would happen to contracts funded between the start of FY13 (i.e. Oct. 1, 2012) and the beginning of sequestration (Jan. 2013). According to Press Secretary George Little: “Sequestration cuts would not affect current contracts funded with FY12 dollars that is obligated funds. Anything put […]

One Source: Hundreds of programs; Thousands of links, photos, and analyses

DII brings a complete collection of articles with original reporting and research, and expert analyses of events to your desktop – no need for multiple modules, or complex subscriptions. All supporting documents, links, & appendices accompany each article.

Benefits

  • Save time
  • Eliminate your blind spots
  • Get the big picture, quickly
  • Keep up with the important facts
  • Stay on top of your projects or your competitors

Features

  • Coverage of procurement and doctrine issues
  • Timeline of past and future program events
  • Comprehensive links to other useful resources