Sequestration impacting defence contractors

By Staff | March 7, 2013 | Last updated on March 7, 2013
1 min read

Sequestration cuts targeting the U.S. defence industry are beginning to take their toll.

The Financial Times profiles the case of Robert Baillie, former employee of a firm that writes electronic warfare software for a number of agencies within the U.S. military. Sequestration cost him his job, in an example of what may be looming if the sweeping cuts remain in place.

Read more here.

Also read:

Sequestration a faux crisis

Sequestration to hit U.S. economy

Cliff averted, but confrontation looms staff


The staff of have been covering news for financial advisors since 1998.