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Defense contractors already cutting back over looming cuts

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  • Description

    Automatic spending cuts have defense contractors shedding jobs

  • Duration 1:49
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Back just miles from Fort Bragg -- to solutions trains dogs for police and military use.

-- and provides research and development for equipment and weaponry.

But the status of new defense contracts is unclear for this company that employs 274.

In the past seven months we've submitted a proposals.

To -- movement canceled.

And the other ones are in limbo.

For up to eight months the problem sequestration.

Congress has delayed automatic spending cuts until March but not the uncertainty over defense funding.

No absolutely not in fact it compounded the problem.

Right now nobody is moving forward on -- projects.

It has created a standstill.

Disabled army veteran Kathleen -- -- is CEO of -- -- a small company that markets facial recognition technology it.

Used to be that working for the federal government with solid work it was guaranteed.

Now we actually late last fall got turned down for funding twice because they said working for the federal government was too unstable.

Some come.

Please can survive by marketing their services to a wide range of civilian needs to take two trains these dogs to find virtually any type of object.

In virtually any type of environments.

G -- solutions and strong but contractors with more military specific roles are bracing for worst case scenarios.

They -- husband -- the beginning of the year they can start fresh -- the year don't you know how they were gonna test that announced two more months and wondering.

How are they gonna survive.

How are they going to be impacted and some of them already have had -- take measures to lay people off.

It's just the threat -- automatic spending cuts is having an immediate impact in Richmond county North Carolina John Terry.

Fox News.

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