Defense Industry CEO's Testify At House Armed Services Committee

(L-R) Pratt and Whitney President David Hess, Lockheed Martin Chairman and CEO Robert Stevens and EADS North America Chairman testify before the House Armed Services Committee on Capitol Hill July 18, 2012 in Washington, DC. The aerospace defense contractors likened the coming spending sequestration mandated by the Budget Control Act of 2011 as "cosmetic surgery with a chainsaw," "blunt force trauma" for the industry and "a Band-Aid on a bullet wound."
(July 17, 2012 - Source: Chip Somodevilla/Getty Images North America)