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Blakey pleased by budget surprise

Aerospace association CEO sees progress with Obama's remarks that budget sequestration "will not happen" Blakey The Aerospace Industries Association under CEO Marion Blakey has been waging war against pending automatic budget cuts—known as sequestration—for more than a year with group-sponsored studies predicting two million jobs at risk in the defense sector, shoe-leather lobbying, a media campaign and rallies at defense plants. Even with Secretary of Defense Leon Panetta warning that the $500 billion to be slashed from the military budget in the next 10 years would be devastating, President Barack Obama had said relatively little on the subject. Until Oct. 22.… Read More