AdvertisementDefense Companies Hold Off On Pink Slips, For NowOctober 05, 2012Larry AbramsonfacebookEmailAir Force F-22 Raptors, made by Lockheed Martin, are prepared for flight operations at Langley Air Force Base. Despite the looming defense spending cuts that would go into effect in January if Congress does not pass a deficit reduction plan, Lockheed Martin and other defense contractors announced this week they would not issue layoff notices. (AP)