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Lockheed Martin (LMT), Boeing (BA), Northrop Grumman (NOC) and other defense firms threaten to...
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Wednesday, June 6, 2012, 6:10 AM ETLockheed Martin (LMT), Boeing (BA), Northrop Grumman (NOC) and other defense firms threaten to announce massive layoffs prior to the election if Congress fails to reach a deal that would forestall the automatic implementation of $50B/year in defense cuts on Jan. 1. With major facilities in key battleground states, the firms hope to concentrate minds.
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