If a second federal sequester happens in January, the US military is anticipating another $52 billion in defense spending cuts. In Iowa, the National Guard is finding ways to save money by reducing the amount of work that is performed by contractors. We get more from Iowa Public Radio’s Durrie Bouscaren, in the third and final installment of our series on military contracts.
As the Department of Defense scales back military spending abroad, domestic arms manufacturers are seeing drastic changes in their revenues. For the first installment of this three part series, Iowa Public Radio’s Durrie Bouscaren profiles one of Iowa’s smallest defense contractors—the creator of a critical component for M-1 tanks.