WASHINGTON, DC - JULY 18: EADS North America Chairman and CEO Sean O'Keefe testifies before the House Armed Services Committee on Capitol Hill July 18, 2012 in Washington, DC. O'Keffe and other aerospace defense contractros 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.'
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