Defense Contractors Prepare Mass Job Cuts

You've Got Barney Frank on Defense Spending Red...

0:47 minutes

Defense Cuts May Hurt Contractors

2:59 minutes

Retired Generals Hired By Defense Contractors

3:21 minutes

Officers Try Out Defense Contractor's Simulation

2:14 minutes

Description

U.S. defense contractors are preparing to disclose mass job cutbacks ahead of November elections if Congress fails to reach a deficit-reduction deal by then, industry officials said. Nathan Hodge has details on The News Hub. Photo: Reuters.