Defense Seen Growing With Dubious Weapons Despite Automatic Cuts

Defense Seen Growing With Dubious Weapons Despite Automatic Cuts

Tech. Sgt. Jacob N. Bailey, U.S. Air Force via Bloomberg

Uncertainty has proven painful for defense contractors, especially smaller companies that don’t have deals locked in for months or years to come. Pentagon contracts plunged to $12.1 billion in January, a 67 percent decrease from December.