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Honeywell: Cuts to U.S. military spending 'need to occur'
The Star-Ledger ^ | Nov 19 2012 | Stacy Jones

Posted on 11/19/2012 4:29:32 PM PST by WilliamIII

While most large U.S. defense contractors have warned a $500 billion cut in military spending over the next 10 years could be disastrous, Honeywell International today bucked the trend and announced it would welcome the reductions.

During a meeting with investors Mike Madsen, president of Honeywell's defense and space unit said that the company recognizes that a majority of the budget cuts that make up the so-called "fiscal cliff" will happen.

"We're not really fighting these—they need to occur," he said.

(Excerpt) Read more at nj.com ...


TOPICS: Business/Economy; Government
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To: MSF BU

Army, that figures. The military ain’t a jobs program. It’s for killing people and breaking stuff. We can’t afford to be for it to be International Armed and Dangerous Pizza Guy any more.


41 posted on 11/23/2012 8:45:03 AM PST by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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To: Lurker

...only four years, figrues. Keep posting deep thinker. It takes time to train a fighting force; dismissing half of them while maintaining Pell Grants and EBT payments isn’t good national policy.


42 posted on 11/25/2012 9:13:37 AM PST by MSF BU (n)
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To: MSF BU

You don’t get it. We don’t need a “fighting force” unless it’s New Jersey being invaded. All we need is a Navy to keep the shipping lanes open, some Marines to take and hold ports for a brief period, and an Air Force to launch nukes.

We could do that with a military 1/3 the size we have now.

Let the Euroweenies defend Europe. Let Japan defend Japan. Let Korea defend Korea. I’m sick and tired of watching you guys bleed and die for a bunch of 5th century savages who should have been reduced to radioactive dust a decade ago.


43 posted on 11/25/2012 5:22:25 PM PST by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
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