Defense Firms Warn of A-12 Layoffs: The...
Defense Firms Warn of A-12 Layoffs: The nation’s two largest defense contractors said they might lay off as many as 8,000 workers if the government scraps a Navy program to build a radar-evading Stealth attack jet. The announcements came after the Pentagon said Tuesday that McDonnell Douglas Corp. and General Dynamics Corp. had until Jan. 2 to show how they can salvage the $4.78-billion contract to build the A-12 Avenger. Last Friday, Secretary of Defense Dick Cheney said he was ready to give up on the plane, contending that delays, cost growth and management problems were “intolerable.”
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.