Manufacturers Campaign Against Deeper Cuts In US Defense Spending.

There are multiple reports stating that the Aerospace Industries Association, "which represents manufacturers such as Boeing Co. (BA), United Technologies Corp. (UTX) and Lockheed Martin Corp. (LMT), has launched a campaign to stave off cuts in the national security budget as a special congressional committee seeks to find $1.5 trillion in deficit reduction throughout the federal government." Boeing and Pratt & Whitney said reductions beyond the 10-year, $350 billion cut in this summer's debt accord would have a devastating impact on a defense industry that Marion C. Blakey, the association's president, described as 'fragile.' What do you think?