Dodging the Axe: How Government Contracting Plans to deal with Gates’ Budget Cuts

Posted by on Sep 22nd, 2010 and filed under Current Issue, Features. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry from your site

Call Robert M. Gates defense contracting’s Grim Reaper.

Scheduled to retire in 2011, the defense secretary is on the proverbial warpath to accomplish something none of his predecessors could: make significant and lasting spending cuts to the defense-industry apparatus.

While previous plans to bring significant alterations to the defense-contracting budget were struck down by the private sector’s immune system of industry lobbyists and legislative challenges and clouded by logistical issues, there is a prevailing sense across the business that Gates’ demands for cutbacks are not a drill.

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