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Economy: Military Cuts #338055

CBS Evening News for Saturday, Apr 06, 1991
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(Studio: Bob Schieffer) Report introduced.

(Pentagon: Jim Stewart) Impact of a shrinking defense budget on companies whose production is geared solely to the military examined; example cited of two companies competing for the construction of Navy's Seawolf submarine. [Former Secretary of the Navy John LEHMAN, Senator Joseph LIEBERMAN, Electric Boat general manager James TURNER - comment on defense contracts.] Problem of survival for these producers of high- tech weaponry outlined.

Reporter(s):
Schieffer, Bob;
Stewart, Jim
Duration:
00:02:20

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