Small businesses will feel the greatest impact if sequestration stretches into 2014, the Pentagon’s top acquisition official told a Navy industry forum on Monday.
Speaking the 2013 Navy Opportunity Forum in Arlington, Va., Frank Kendall, undersecretary of defense for acquisition, technology and logistics, said “it’s a reasonable possibility that we will go into 2014 with sequestration still underway.
“A lot of things we planned on doing we won’t be able to.”
Pentagon officials have signaled they expect sequestration – which began March 1 and is set to take $37 billion from the Department of Defense budget this year – to last into fiscal 2014. If that happens, Secretary of Defense Chuck Hagel said the Pentagon will lose $52 billion next year.
