Minnesota defense companies retool for future

  • Article by: MARK BRUNSWICK , Star Tribune
  • Updated: June 10, 2012 - 8:01 PM

With budget cuts and troop drawdowns, Minnesota's contractors will have to be more nimble to survive.

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  • 1 - 6 of 6
TreetoplevelJun. 10, 12 8:40 PM

It is very difficult for a president who wants to win another election to appear soft on national security. Then there is the power of "the iron triangle"—that is, the Pentagon, the defense contractors and Congress. At a time of some economic difficulty for the United States, the country is still pressing ahead with the development of a jet fighter called the F-35, which will cost the country over $380 billion. It is virtually irrelevant to the current conflicts in which the US is engaged. In 2010 84% of retiring generals in the Pentagon went into employment with the big defense contractors. Lawmakers seldom vote against any of these gargantuan projects. They get a lot of campaign contributions from the large defense contractors, and the contractors ensure that there are jobs on these contracts in every single congressional district, even if it’s just a couple of people sitting around a table surfing the internet. This means that anyone who votes against these projects is accused by the lobby of voting against jobs in their own constituency.

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nommmplummmJun. 10, 1210:22 PM

What is it called when a company's profits are derived from war?

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StarquestJun. 10, 1210:33 PM

Well, they've been feeding at the trough of tax dollars since 9/11/2001, including a trillion-dollar war that no one had any business fighting. Sanity must return to the defense budget. A five-percent cut is a farce, honestly.

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nommmplummmJun. 10, 1210:46 PM

During times of war, some companies move more product.

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a6699fJun. 11, 12 5:58 AM

Budget cuts? In the military? What papers are you folks reading?

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earneditJun. 11, 12 6:53 AM

To show how bad it is, our fearless House of Representatives recently approved along party lines a 7 Billion dollar study to start planning for the next generation stealth bomber to replace the current B-2... In 2040 !! 28 years from now! But hey, they want to reduce spending, Really. No,I'm not kidding, they do.

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