The Daily Transcript looks at sequestration and the major impact it will have on San Diego, small businesses and more in this special report.

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SPAWAR adjusts to new budget environment

Space and Naval Warfare Systems Command (SPAWAR) employs about 5,000 people in San Diego, but thanks to sequestration budget-tightening, that number won't rise anytime soon. 

USS Thach returns from deployment early

The guided-missile frigate USS Thach (FFG 43) will return to San Diego from its deployment to the 4th Fleet Area of Operations (AOR) on April 12. 

Blue Angels will not fly over Miramar this year

Sequestration will keep one of the most popular aviation acts in the world from dazzling crowds at the Marine Corps Air Station Air Show in San Diego this fall. 

DHS re-evaluating furlough plans, overtime cuts

WASHINGTON (AP) -- The Homeland Security Department says it's re-evaluating plans to furlough border agents and cut overtime because of the automatic federal government spending cuts. 

UAV industry unites to promote San Diego

A broad coalition of local business groups and high-tech companies launched a new regional unmanned systems effort that has the potential to increase investment in the region, spark job growth and bring additional companies to the area. 

C4ISR conference expected to beat '12 figures

Sequestration will likely squash some defense conferences this year, but one in San Diego appears to be doing just fine. 

Continental Maritime to lay off 185 workers

U.S. Navy ship repair contractor Continental Maritime of San Diego will lay off 185 employees effective April 12, according to a notice filed with the state. 

Navy sends USS Freedom to Singapore amid budget cuts

The U.S. Navy's hottest new ship and the centerpiece of its renewed focus on Asia isn't its largest vessel, or its most technologically advanced. But it has advantages that its bigger siblings lack. 

Businesses in military towns brace for budget hit

FAYETTEVILLE, N.C. (AP) -- Like many who make their living in the commercial strip outside the gates of Fort Bragg, Mike Thomas is confident the $85 billion in automatic military spending cuts will hurt sales at his used car lot and rim shop. 

General Dynamics NASSCO warns of layoffs

General Dynamics NASSCO, a primary constructor of ships for the U.S. Navy, warned about 1,040 employees on Monday of indefinite layoffs that may come in late April due to uncertainty created by the automatic U.S. budget cuts that took effect last week. 

Northrop zeroes in on San Diego

Northrop Grumman Corp.’s already-large unmanned aircraft business in San Diego is about to get even bigger. 

Pentagon Cuts Hit Funds Paying Lockheed to General Dynamics

March 4 (Bloomberg) -- The Pentagon has offered little guidance to contractors that may be hurt by $46 billion in defense-spending cutbacks over the next seven months, even as a budget document showed the effect on procurement accounts that pay companies from Lockheed Martin Corp. to Raytheon Co. 

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