Lockheed Joined by Cheney in Push Against Defense Cuts
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As Lockheed Martin Corp.’s chief predicts he may have to fire 10,000 workers under across-the-board federal spending cuts, a familiar voice is warning Republican leaders that U.S. defense readiness is at stake.
Former Vice President Dick Cheney said at a private meeting with Senate Republicans yesterday that the projected cuts totaling $500 billion could be “devastating” to military modernization and planning, South Carolina Senator Lindsay Graham told reporters.