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You are here: Home / Government Contracting News / Frank Kendall: Sequestration means 11% line item cuts, R&D included

September 7, 2012 By AMK

Frank Kendall: Sequestration means 11% line item cuts, R&D included

If sequestration cuts take effect in January, the Defense Department would have to uniformly cut 11 percent uniformly from each of its estimated 2,500 budget items, Pentagon acquisition lead Frank Kendall recently said, according to Reuters.

Kendall made the remarks Wednesday (Sept. 5, 2012) at the ComDef defense industry conference, Jim Wolf and David Alexander report for Reuters.

Keep reading this article at http://www.executivegov.com/2012/09/frank-kendall-sequestration-means-11-line-item-cuts-rd-included/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+execgov+%28Executive+Gov%29 

Filed Under: Government Contracting News Tagged With: budget cuts, DoD, industrial base, research, sequestration, spending

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