March 1, 2013
By Michael Dorstewitz
BizPac Review
On Tuesday, President
Barack Obama visited a Newport News naval shipyard to warn that massive
job losses would result if the sequester cuts take effect.
The
following day, the Obama Administration granted the military Light Air
Support contract to Embraer S.A. a Brazilian aerospace conglomerate.
The
other firm in the running, Hawker Beechcraft Corporation, is based
smack dab in the middle of America’s heartland — Wichita Kansas — and
enjoys a long and proud history of supplying the U.S. military with
aircraft.
Had Hawker Beechcraft been granted the contract, the
company would have added or sustained 1,400 U.S. jobs. The Embraer is
expected to add approximately 50 Jacksonville assembly line jobs.
Read more here: http://www.bizpacreview.com
About Michael Dorstewitz
Mike is a retired lawyer who has written for BizPac Review almost from the beginning.
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