Dayton Business Journal
Defense Forum: Some expansion plans on hold over sequestration
by Joe Cogliano, Senior Reporter
Thursday, November 29, 2012 

Until the dust settles in the battle over the so-called fiscal cliff, defense firms such as Peerless Technologies Corp. have put expansion plans on hold. 

Michael Bridges, president of Fairborn-based Peerless, is awaiting the outcome before he goes forward with building additional space. But that hasn’t interfered with his focus on work the company has already won, or is going after. 

“We’ll be keeping our heads down, doing what we’ve always done,” Bridges said. 

Bridges made the remarks to about 175 people at a Dayton Business Journal defense industry forum held Thursday at Sinclair Community College. He was part of a panel discussion that also included Dennis Andersh, senior vice president and Dayton regional executive for SAIC; Scott Sullivan, president of Centerville-based SelectTech Services Corp. and president of the local chapter of the National Defense Industry Association; and Jeff Hoagland, president and CEO of the Dayton Development Coalition. 

The general mood among the panel — and among many of those in attendance — is that even if sequestration is avoided, there are still major cuts coming to military as the U.S. government looks to get its financial house in order. Officials say the most important thing now is to position the region, which includes Wright-Patterson Air Force Base and nearby defense companies, to withstand whatever happens… 

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