Defense Secretary Panetta speaks at State of the Military 2012 Forum in Norfolk

Posted at 1:27 PM, Oct 19, 2012

US Secretary of Defense Leon Panetta served as the keynote speaker for the "State of the Military 2012" forum.

Hosted by the Hampton Roads Chamber of Commerce, more than 500 military and civilian leaders showed up to hear what the secretary had to say.

He talked about the impact of military drawdowns as well as sequestration, which will cut billions from the defense budget.