Save 75% - Only $49.99 for 1 full year! digitalPLUS subscription offer ends 12/1

Topics

Robert J. Stevens
Md. defense contractors press Congress for details of cuts

Northrop Grumman Corp. says it is already having difficulty attracting bright, tech-savvy workers. The CEO of Lockheed Martin Corp. told Congress this month that his company could have to lay off thousands of employees. They and other Maryland defense contractors are asking lawmakers for details on the so-called sequester — deep budget cuts, including $800 billion to defense spending, due to strike Jan. 2 because the congressional supercommittee failed last year to reach a deficit-reduction agreement. Many federal agencies would face an automatic reduction of 10 percent, but it is far from clear how the cuts would be implemented. Lockheed, headquartered in Bethesda, and Northrop,...

Loading