I heard many rumors about planned 2014 cuts but I cannot confirm this from any source. Many people cite the fact that our competitors are going through deep cuts we will be taking the same direction. I am not sure what will happen but 2013 was not a happy year and we had announcements that we'll do some cuts in 2014. So overall, we know things will happen in 2014 but we do not know who and how much we'll be affected.
1 reply
2015 will be worse for us, a number of reasons, the defense budget will be cut, and the energy prices going down will drive the prices of all other materials up. Just my two cents, so get ready for a bumpy 2015 in all areas.