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Defense and Aerospace
Posted: Thu May 24, 2012 11:52 am
by Splitt3r
Does anyone know how the outlook is for defense and aerospace?
Re: Defense and Aerospace
Posted: Fri May 25, 2012 7:24 am
by Anonymous User
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
Re: Defense and Aerospace
Posted: Fri May 25, 2012 8:01 am
by 20130312
Layoff city. We're all worried about the multi-hundred billion dollar federal budget cut to defense that's about to happen.
Re: Defense and Aerospace
Posted: Fri May 25, 2012 9:42 am
by Anonymous User
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.
Re: Defense and Aerospace
Posted: Tue Jun 26, 2012 9:00 pm
by Splitt3r
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?
Re: Defense and Aerospace
Posted: Tue Jun 26, 2012 9:26 pm
by 20130312
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.