The Defense Department may ask Congress for authority to reprogram funds for high-priority contracts if sequestration cuts kick in Jan. 2, Defense News reports.
Pentagon Comptroller Robert Hale told reporter Marcus Weisgerber the service branches would be asked to review key contracts and try to avoid disruptive renegotiations.
Defense spending would see a $50 billion reduction under sequestration.
Keep reading this article at: http://www.executivegov.com/2012/10/robert-hale-pentagon-could-reprogram-funds-for-high-priority-contracts-under-sequestration/