WASGHINGTON, D.C., Feb. 13 (UPI) --Defense industries are weighing the potential effects of proposed cuts to the U.S. Defense Department budget that could run into tens of billions of dollars over the next 10 years.
Proposals in U.S. President Barack Obama's fiscal 2013 budget mean defense orders will be lower this year than over the past few years, leading to job losses in some defense and security industry sectors as well as the armed forces.
Read the full story at UPI