Under the threat of a budget sequestration and a push for general deficit reduction, the Defense Department is entering a period of a defense build down that will have a large impact on procurement accounts, according to defense experts who were part of a panel discussion hosted by the Center for Strategic and International Studies on Friday. Although Defense Secretary Leon Panetta is not planning for a sequestration at the Pentagon, given that President Obama has stated that sequestration is…
As Defense Build Down Looms, Expect Slowdown In Programs, Procurement Cuts, Expert Say
Defense Daily Staff
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