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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.”
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