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CEO Linda Hudson Stresses Impact of Sequestration in Letter to BAE Systems Employees

CEO Linda Hudson Stresses Impact of Sequestration in Letter to BAE Systems Employees - top government contractors - best government contracting event

LindaHudsonApril2010In a letter to the employees of BAE Systems, CEO Linda Hudson warned the upcoming sequester could have a large potential impact on the aerospace and defense industry.

According to an Aviation Today article, Hudson said the $1.2 trillion budget cut will have a domino effect in the industry, including second and third tier companies suffering from reduced contracting work.

“Defense won't be the only victim,” Hudson said in the letter.

“Cuts will hit every government agency from the FAA to the FDA to the FBI.  Services will be cut.  Civilian military employees will likely be furloughed.“ 

Hudson estimates that up to two million aerospace and defense industry jobs could be lost as a result of the sequester, and asked her employees to write to Congress in order to help avoid sequestration.

“We stand by our initial estimates that indicate sequestration could result in the elimination of 10 percent of our workforce in the United States ““ or approximately 4,000 jobs,” said Brian Roehrkasse, a spokesman for BAE Systems.

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