More Layoffs in Aerospace & Defense Despite Progress in Bi-Partisan Talks on Budget Cuts

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EADS’s decision to cut its workforce by 4% follows layoffs by Lockheed Martin in the US and could be an indicator of what is in store for the industry when military spending is slashed; however, a recent bi-partisan agreement provides hope for the near term

By Sam Quest on Dec 11, 2013 at 7:34 am EST

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