Defense contractors brace for military spending cuts
Robert Arrighi was already concerned about defense-budget cuts last summer when the Obama administration issued a stop-work order for the alternate engine for the F-35 joint strike fighter plane. Mr. Arrighi's Long Island City, Queens, company, Kerns Manufacturing, was planning to work on the joint General Electric and Rolls-Royce project. He had hopes of hiring 50 people and bringing in an additional $12 million a year in revenue.
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