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EmailFederal government cancels defense contracts worth $2.15 billion
This action may foreshadow federal spending cuts scheduled for year's end if Congress takes no action on the federal budget.
August 30, 2012
The federal government canceled 13,579 military contracts worth $2.15 billion in the fiscal year that ended Sept. 30. This action may foreshadow federal spending cuts scheduled for year's end if Congress takes no action on the federal budget.
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