As Afghanistan war winds down, defense contractors face layoffs, pay cuts - U.S. - Stripes
“There will be significant cuts,” said Greg Celestan, chairman and chief executive officer of Celestar Corp., one of several companies that will be affected by a reduction in spending that will come with the end of the war in Afghanistan. “A number of companies are having meetings with existing employees, telling them not to take out any serious financial commitments in the near future.”