David Hess

Congress

CEOs in Crossfire At Sequestration Hearing

CAPITOL HILL: Lockheed Martin CEO Bob Stevens and his fellow defense industry executives struggled to stay on their “sequestration kills jobs” message while they dodged repeated questions from Democrats about whether revenue increases were needed to avert the sequester. An exasperated Rep. Adam Smith, the top Democrat on the House Armed Services Committee, concluded the […]

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Next Week, A Storm of Sound & Fury On Sequestration

WASHINGTON: As jetlagged aerospace executives and defense reporters head home from a frankly discouraging Farnborough Air Show, Washington is gearing up for storm of stop-sequestration events this coming week. What it will actually accomplish is an open question. Sequestration has hardly been a quiet topic this past week, with a pointed, partisan, and unproductive exchange […]