Election 2012: What It Means for the Defense Industry

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With votes cast, Congress will be at greater liberty to reach across the aisle and develop a bipartisan plan to avert sequestration. Consequently, although defense industry participants will not likely face the 9.4% sequestration cuts currently slated to take effect on the 1st of the New Year, a bipartisan plan to avoid the fiscal cliff may still result in a leaner DOD budget.