OEMs take different paths to keep moving forward

May 2011
Crain's Detroit Business;5/30/2011, Vol. 27 Issue 22, p0009
The article focuses on the actions by original equipment manufacturers (OEM) in dealing with cuts in defense economy. Economic development director Steve Cassin of General Dynamics Land Systems Inc. (GDLS) states that it is pursuing to work for other automakers, and foreign governments to help defense companies find new contracts. BAE Systems Inc. vice president Mark Signorelli said that the company expected a downturn wherein almost 200 jobs were trimmed from at least four consecutive layoffs.


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