A group of seven senators, including Sen. John McCain (R-Ariz.) and Sen. Joe Lieberman (I-Conn.), sent a letter to 15 major defense companies to gain perspective on how sequestration would affect the defense industry. The letter seeks answers to questions, including what the impact would be on the companies’ employees, suppliers, and bottom line, and how many contracts the companies would have to restructure or terminate. “Significant questions exist regarding the implementation of these automatic budget cuts and how they will impact federal government operations, our economy, and the defense industrial base,” wrote the senators in the June 29 missive, the text of which is included in a July 5 release from McCain. One of the contractors, Lockheed Martin, has announced it is already preparing for sequestration’s effects, as CEO Bob Stevens said the company would notify its 120,000 employees this fall that some of them would lose their jobs. Also signing the letter were GOP Senators Kelly Ayotte (N.H.), Saxby Chambliss (Ga.), John Cornyn (Tex.), Lindsey Graham (S.C.), and Jim Inhofe (Okla.). (See also Sequestration Could Cost More than One Million Defense Jobs by 2014.)
Pentagon Releases Cost of Living, BAH Rates for 2026
Dec. 30, 2025
The Pentagon will pay cost of living allowances to 127,000 service members in the continental U.S. in 2026, an increase of 66,000 members in 2025. Airmen and Guardians across the U.S. will also receive an average increase of 4.2 percent for their Basic Housing Allowance, compared to the 5.4 percent…
