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108,000 DoD Civilians Would Lose Jobs Under Sequestration
The Defense Department would be forced to cut 108,000 civilian employees from its work force next year if automatic budget cuts take effect Jan. 1, according to a new report.
In the News
Automatic Budget Cuts Seen Driving Up Long-Term Weapons Costs
Automatic budget cuts due to take effect in January will drive up the cost of weapons systems and cut revenues for arms makers in the longer term, but the full brunt of the cuts will not be felt for several years, a top budget analyst said Friday.
In the News
Sequestration Would Cut Defense By 10.3 Percent—In Stages, Says Report
Absent a new budget deal between the White House and Congress, defense spending would be hit with an immediate 10.3 percent reduction that threatens the jobs of 108,000 civilian employees, according to an analyst's new calculations of the looming sequestration threat. Not all those cuts, however, would kick in on Jan. 2, 2013 -- considered D-Day -- because outlays of already obligated funds would continue.
In the News
Sequester Would Force 108K Layoffs In Federal Workforce, Not In Defense Industry: CSBA
Sequestration would force the Defense Department and other federal agencies to lay off workers long before the defense industry had to, said a report released today by the Center for Strategic and Budgetary Assessments.
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Defense Cut’s Full Effect Years Away, Analyst Finds
Defense contractors wouldn’t feel the full effect of automatic budget cuts for three or four years as weapons programs are facing only a 3.5 percent reduction next year, according to an independent research group.
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CSBA Evaluates Cyber Warfare in a New Study
In the past few months a number of high profile developments have pushed the issue of cyber security into the spotlight. Revelations regarding the Stuxnet program, a cyber weapon that targeted Iranian uranium enrichment centrifuges, emerged in early June, along with reports regarding Flame, an alleged effort to extract data from the computers of Iranian nuclear scientists. The following month, President Obama penned an op-ed for the Wall Street Journal describing critical U.S. infrastructure as vulnerable to cyber attack. Secretary of Defense Leon Panetta went further in warning that “The next Pearl Harbor we confront could very well be a cyber attack that cripples our power systems, our [electric] grid, our security systems, our financial systems, our governmental systems.”