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Defense Firms Will Begin Furloughing Employees Monday

Lockheed Martin, Boeing and other defense firms will furlough thousands of employees starting on Monday if the government shutdown has not ended.

Lockheed Martin said Friday that 3,000 employees would face furloughs on Monday due to the shutdown.

United Technologies Corp.'s (UTC) subsidiary Sikorsky plans to furlough 2,000 employees Monday if the shutdown is still in effect, and the defense firm said Pratt and Whitney and UTC Aerospace System could also issue 2,000 furloughs next week.

Source: The Hill. Read full article. (link)

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