Bell Helicopter laying off 140 employees
47 days ago
The cuts went into effect in March under the Budget Control Act of 2012 and are being gradually introduced into defense budgets.
Lockheed picks new execs to run aeronautics unit
92 days ago
Tarrant's aerospace giant faces the prospect of massive spending cuts to its programs under sequestration, a provision of the Budget Control Act of 2011.
Bell Helicopter offers early retirement to employees
104 days ago
The Budget Control Act of 2011 imposed $487 million in Defense Department cuts over the next decade.
Impact of sequester on defense contractors remains uncertain
105 days ago
The Budget Control Act of 2011 imposed $487 million in Defense Department cuts over the next decade.
Republicans warn government against political use of furloughs
109 days ago
But about two-thirds of the total budget is exempt under the 2011 Budget Control Act, which requires $1.2 trillion in forced cuts over a decade if Congress can't find other reductions.
House Democrat to offer bill ending automatic cuts
112 days ago
The military's budget is already facing a $487 billion spending cut over the next 10 years, mandated by the Budget Control Act passed in 2011.
North Texas braces for defense cuts
112 days ago
A provision under the Budget Control Act of 2011 would require 5 to 8 percent to be automatically and equally cut from domestic and defense spending.
Why can't Washington manage like a good CEO?
112 days ago
If belt tightening is needed, good executives would do everything they can to prevent across-the-board cuts, as the Budget Control Act requires.
Military leaders say Congress must stop sequester
112 days ago
The military also has to absorb a $487 billion reduction in defense spending over the next 10 years mandated by the Budget Control Act passed in 2011.
Former Mississippi Gov. Barbour: 'I hope and believe' GOP allows sequestration
112 days ago
Barbour said in the interview he believes the nation can handle the cuts in the Budget Control Act of 2011, which would become automatic Friday if a deal isn't struck to avert it.
