In today’s Examiner story on how federal defense program cuts are affecting the region, one expert says our economy won’t feel the pain as sharply as we did in the 1980s when President Reagan slashed spending on big-ticket projects.
The cuts today are largely focused on production, such as the Marine Corps’ Expeditionary Fighting Vehicle program, which forced 112 layoffs at General Dynamics’ Woodbridge office. But the Washington region also has a healthy focus on cybersecurity, where defense spending is still strong.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.