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The Impact of BRAC

Virginia has fared better than expected

VirginiaBusiness.com - November 30, 2011, By Tim Loughran

It’s been six years since Congress approved the fifth (and most recent) round of military Base Realignment and Closure (BRAC) cutbacks. On Sept. 15, all building projects and personnel relocations were supposed to be done. In Virginia, however, a fair amount of work remains unfinished.

Fitch: US Defense Firms Face Tough Choices Regardless Of Cuts

The Wall Street Journal - November 30, 2011, By Ben Fox Rubin, Dow Jones Newswires

Regardless of whether Department of Defense cuts materialize as are currently planned in the coming years, Fitch Ratings said defense contractors face increasingly difficult decisions over where to spend their cash, as revenue growth moderates and free cash flow generation weakens.

Obama Gets Defense Plan to Cut $450 Billion From Future Budgets

Bloomberg Businessweek - November 30, 2011, By Roxana Tiron

Nov. 30 (Bloomberg) -- The Pentagon has given President Barack Obama a draft of its strategic budget review, one of the final steps before the Defense Department releases the results, according to an administration official who was not authorized to speak on the record.

McDonnell to End 2 Agencies, 19 Boards; Dozens More to be Merged in New Government Reform Plan

The Washington Post - November 29, 2011, By Associated Press

RICHMOND, Va. — Gov. Bob McDonnell says he will eliminate two state agencies and 19 boards and commissions and consolidate more than two dozen more through mergers as part of his two-year government reform initiative.

Study: Defense Spending is ‘Weak Job Engine’

DoD Buzz - November 29, 2011, By Philip Ewing

Pentagon and Hill defense advocates have all kinds of numbers about the economic benefits of defense spending, and the potential consequences if it’s cut deeply: More than a million jobs lost. Ten percent unemployment. Key industrial capabilities lost forever.

Encroachment Causes Safety Risks in East Miramar

Defense Video & Imagery Distribution System - November 28, 2011, By Lance Cpl. Erica Disalvo

MARINE CORPS AIR STATION MIRIMAR, Calif. -- Random police patrols have increased on East Miramar aboard Marine Corps Air Station Miramar due to encroachment by the public and acts of vandalism to historic sites located in the area.

Defense Contractors Weigh Options While Stuck in Budget Limbo

National Defense Magazine - November 28, 2011, By Sandra Erwin

With no sign that Congress is prepared to return to a “normal” budgeting process any time soon and anxiety about impending budget cuts gripping the Pentagon, many contractors are resigned to the idea that business will be anything but usual for the foreseeable future.

A Military Camp Works to Be a Good Neighbor

The New York Times - November 26, 2011, By KATE GALBRAITH

CAMP BULLIS — Reddish-brown cedar chips from recently cleared trees spread across a patch of ground in this United States military installation, in sharp contrast to the jungle-like growth nearby.

Analysis: How $600 Billion in Defense Cuts Affect Northwest Florida

Supercommittee budget failure has officials wondering what will happen here

pnj.com - November 26, 2011, By Travis Griggs

The deadline has passed and the supercommittee has failed, initiating $600 billion in automatic military spending cuts.

States Expect Budgetary Fallout from ‘Supercommittee’ Failure

The Washington Post - November 24, 2011, By Aaron C. Davis and Laura Vozzella

Funding cuts for school lunches, home energy assistance, child support enforcement, HIV care, Race to the Top grants and other government programs will come quicker than advertised following the failure this week of the congressional “supercommittee.”