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When Biden And Ryan Talk Sequestration Tonight They're Talking About These Companies

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Joe Biden Paul Ryan

Whether you've heard about it or not, sequestration is a big deal to a lot of people and is directly tied to the economy.

When the subcommittee failed to agree on $1.2 trillion in budget cuts last November, it agreed that much of the cuts would come from defense.

Those cuts are slated to arrive Jan 1, 2013.

No other solutions have been offered, and the Pentagon looks to face drastic cuts in the New Year.

Whether sequestration falls remains to be seen, but these are the 25 largest defense companies in America that may feel those cuts the most.

The data is by SIPRI based on numbers from 2010 and rank in terms of sales.

#25 CACI International

Arms sales: $2.3 billion

Total profit: $107 million

Employees: 13,100 people

While CACI International doesn't make weapons, they supply the U.S. Army with an information lifeline.

The TROJAN satellite communication systems provide the Army with a global network of shared mission-critical intelligence.

Source: SIPRI



#24 Goodrich

Arms sales: $2.2 billion

Total profit: $579 million

Employees: 16,300 people

Goodrich is yet another company to get a piece of the F-35 Lightning II cake. They work on the fighter aircraft's landing system. 

The U.S. Air Force trusts Goodrich with making their ejection seat of choice, the ACES II. It is most widely used ejection seat today and is credited with saving more than 600 lives.



#23 DynCorp International

Arms sales: $2.4 billion

Total profit: $9 million

Employees: 23,000 people

DynCorp International provides logistical support to the U.S. government defense programs. 

In Afghanistan, they are engaged in removing and destroying landmines and light weapons.

They are also involved with supporting air operations and have big contracts with the Department of Defense to maintain rotary and fixed-wing aircraft for all U.S. military branches.  

Source: SIPRI



See the rest of the story at Business Insider

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