Defense Contractors Begin to ‘Warn’ of Mass Layoffs

FREDERICKSBURG – Virginia’s military-industrial complex keeps chugging along … for now, at least. Few defense contractors are among the companies announcing layoffs and plant closures in the Old Dominion. But that doesn’t mean cuts aren’t coming. “Everyone is scared to death,” said Ted Hontz, former chairman of the Fredericksburg Chamber of Commerce Military Affairs Council. [...] View the full post at: Defense Contractors Begin to ‘Warn’ of Mass Layoffs Related posts: Sheila Bair Takes Her Amherst Mass., Home Off the Market Google’s Defense Tax Policy: A Tool for Good or a Weapon of Mass Destruction?