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DEFENSE WATCH

By Cal Biesecker

Monday, June 24th, 2013

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The Latest On Trends And Developments In Aerospace And Defense Sequester Counting. The numbers are in on the FY ’13 impact of sequestration, the $500 billion in decade-long defense cuts that started in March. A Pentagon report from earlier this month--“Department of Defense Report on the Joint Committee Sequestration for Fiscal Year 2013”--shows total defense-wide and Navy resources (including unobligated balances) each were cut by 7.7 percent for FY ‘13. Comparable Air Force and Army resources dropped 7 percent and 4.4…

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