9 Ways Defense Contractors Can Prepare For Budget Cuts

Law360, New York (June 12, 2012, 12:48 PM EDT) -- Government contractors are facing a year of unprecedented uncertainty. Three things contribute to this: (1) reduced funding requested by the Pentagon; (2) the prospect of sequestration (the automatic cuts triggered when a congressional committee could not agree on deficit reduction); and (3) the prospect that the government will hit the debt ceiling late this year. This article discusses each of the three and suggests some proactive steps that defense contractors can take to protect themselves.

The Pentagon’s Lower Budget Request

In February, the Pentagon unveiled a...
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