Robert J. Stevens, the CEO of Lockheed Martin, went to Capitol Hill on March 14 with a message for lawmakers: You're making my life hell. At issue are automatic cuts to U.S. defense spending scheduled to take effect next January. If Congress and the Obama administration cannot reach a budget compromise by then, military budgets will be hit with a $53 billion cut in 2013 and another $450 billion in reductions during the next nine years. The problem is that the Pentagon's fiscal 2013 ...

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