Biting The Bullets

Military suppliers scramble to get ready for the defense build-down

Row upon row, the vast hangars stand empty at Lockheed's 7.9 million-sq.-ft. aircraft assembly plant in Marietta, Ga. Once bustling with workers building such military aircraft as the giant C-5 transport and the P-3 antisubmarine plane, the facility has increasingly fallen idle as Pentagon spending has ebbed. For thousands of U.S. defense contractors, the unused hangars near Atlanta are a portent of what may lie ahead for them. As the cold war wanes and the Warsaw Pact unravels, Congress and the Bush Administration have begun to plan for the most substantial reductions in military spending since the end of the Vietnam...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!