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Splitt3r

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Defense and Aerospace

Post by Splitt3r » Thu May 24, 2012 11:52 am

Does anyone know how the outlook is for defense and aerospace?

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Re: Defense and Aerospace

Post by Anonymous User » Fri May 25, 2012 7:24 am

Likely to to decline or flatten depending on the industry, except for cyber which will projects to have steady growth in both commercial and government markets

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20130312

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Re: Defense and Aerospace

Post by 20130312 » Fri May 25, 2012 8:01 am

Layoff city. We're all worried about the multi-hundred billion dollar federal budget cut to defense that's about to happen.
Last edited by 20130312 on Wed Jul 25, 2012 1:05 pm, edited 1 time in total.

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Re: Defense and Aerospace

Post by Anonymous User » Fri May 25, 2012 9:42 am

Currently work for a general contractor who almost exclusively does DoD work, and as previous comments noted, outlook is not great. The next couple of months will be telling, all these agencies will be putting out contracts like mad. They have to award them before the end of the fiscal year to justify their budget. If you want to see whats coming out to bid go to fbo.gov, there's everything from construction to space vehicle research contracts on there.

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Splitt3r

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Re: Defense and Aerospace

Post by Splitt3r » Tue Jun 26, 2012 9:00 pm

Splitt3r wrote:Does anyone know how the outlook is for defense and aerospace?
I...don't think this was me. I guess one of the mods thought it would be fun to be me for a day?

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20130312

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Re: Defense and Aerospace

Post by 20130312 » Tue Jun 26, 2012 9:26 pm

To clarify, if the budget sequestration goes through as currently planned, this sector will lose thousands of jobs starting in October. Northrop, Lockheed, Boeing, Raytheon... these guys are serious players in the global defense market and they're gonna get hurt BAD.

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