Plans by the Pentagon to invest more in cybersecurity and space-based capabilities may ease the blow for defense contractors such as Northrop Grumman and Lockheed Martin that are facing cuts in other programs.
The Defense Department intends to beef up spending on computer network protections and satellite intelligence systems while targeting troops for cuts under a global strategy released last week. Funding levels, which were not specified, will be detailed in next month’s federal budget proposal.
See more at: http://www.washingtonpost.com/business/economy/pentagon-interest-in-cybersecurity-may-ease-contractors-pain-from-cuts/2012/01/12/gIQAFbPe1P_story.html
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