Local paper touts defense industry as a way to cushion downturn in US economy
October 20, 2008 by Dagpotter · Comment
Filed under: BAE Systems, Congress, Federal Budget Process, logistics, production program
Filed under: BAE Systems, Congress, Federal Budget Process, logistics, production program
The Scranton Times-Tribune has an article discussing how the recent issues with the US economy will have less effect in their area due to the many defense contractors. They mostly support Tobyhanna Army Depot and provide services and products to the Army. The article discusses in detail the BAE expansion in the area where they make armor and gear for soldiers. BAE acquired the US company Armor Holdings last year and the plant is part of that acquisition. While the majority of these contracts are for things the US military needs, it is another example of the Defense budget being used by Congress as job programs. Members of Congress brag about how many dollars they bring back to their districts; and how their re-election is critical to maintain this type of work.
See the article for more.
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