Lockheed’s Stevens Says Budget Impasse Unnerves Business

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The head of Lockheed Martin Corp. said the impasse on negotiations to avoid tax increases and spending cuts is rattling nerves in the business community.

“Any strategic planner would be nervous if they were a 40-year business and couldn’t look forward 19 days,” Chairman and Chief Executive Officer Robert Stevens said today at a Bloomberg Government breakfast in Washington, referring to the time left before about $600 billion in tax and budget changes start to take effect.