Issa Presses Defense Companies on Budget Layoff Notices

October 12, 2012

The Republican chairman of a House panel asked defense contractors if they discussed with the Obama administration whether to issue layoff notices to workers days before the Nov. 6 election because of pending defense-spending cuts.

House Oversight and Government Reform Committee Chairman Darrell Issa sent letters to executives of Lockheed Martin Corp. (LMT), Northrop Grumman Corp. (NOC), Boeing Co. (BA) and seven other defense companies.

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