You can now read 10 articles each month for free on BostonGlobe.com.

The Boston Globe

Business

Mass. defense industry on hold as cuts near

Jobs slashed, projects halted amid uncertainty

Even though automatic spending cuts by the US government have yet to go into effect, defense contractors in Massachusetts are already laying off employees, freezing salaries, and putting new projects on hold because of uncertainty over the federal budget.

Business executives said the local ­defense industry is in a state of paralysis, unable to make basic decisions because political leaders in Washington have so far been unable to agree on a budget compromise that would head offsome $46 billion in automatic spending cuts to military programs this year that are scheduled to start taking effect Friday.

Loading comments...

You have reached the limit of 10 free articles a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than $1 a week