Navy Shipyard Exposed to Possible Sequester Defense Cuts


USS Kearsarge rests in the Titan BAE Systems dry dock while... News PhotoDry,Finance,Government,Horizontal,Military,Norfolk - Virginia,Norfolk Naval Shipyard,North America,Politics,Repairing,Resting,Ship,Shipbuilder,Shipyard,The Americas,USA,USS Kearsarge - LHD 3,Washington DCPhotographer Collection: Bloomberg 2013 BloombergUSS Kearsarge rests in the Titan BAE Systems dry dock while undergoing repairs at the Norfolk Naval Shipyard in Norfolk, Virginia, U.S., on Thursday, Feb. 28, 2013. Government spending cuts, known as sequestration, set to take effect tomorrow will be felt at the local level as defense contractors and other businesses in Virginia take a hit, possibly eliminating as many 200,000 jobs, according to Republican Governor Robert McDonnell. Photographer: Joshua Roberts/Bloomberg via Getty Images