Northwest Military Blogs: McChord Flightline Chatter

October 7, 2010 at 8:32am

Defense spending cuts have trickle down effect

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Here is an interesting piece from the Los Angeles Times about the future of small aerospace business due to cuts in defense spending. While the story primarily focuses on businesses in the LA area, the same could apply for several other areas across the country.

Here's a quote from the piece: "The golden era of aerospace has passed," said Tom Captain, principal of Deloitte's aerospace and defense consulting practice. "There is now a siren call for businesses to transfer from a hardware-based machine shop to a software-based technologically advanced firm." 

To read the entire story, click here

Filed under: Defense News Web/Tech
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