June 5, 2023

Managing Finances in Difficult Times

Posted for The Patuxent Partnership
Pax II

The current defense environment requires more intense financial analysis during contract execution than ever before. The Patuxent Partnership has scheduled a briefing April 3 to provide some tools to improve your financial position and cash flow.

The briefing, Financial Management: Managing in Difficult Times with Gene Townsend, is open to members and the regional community.

Gene Townsend at a TPP NAVAIR budget briefing

Gene Townsend at a TPP NAVAIR budget briefing

Mr. Townsend is the owner of GT Financial. For 35 years he has provided financial planning and business consulting services to the Federal Government, Defense companies and the Patuxent River business community, working in positions in the Public Works Directorate and the Comptroller of the Aircraft Division of the Naval Air Warfare Center at Patuxent River.

He has served as CFO for several Defense Contractors.

He holds a Masters in Business Administration, Contract Acquisition from Florida Tech, a Master of Science in Contract Management from Florida Tech, a Bachelor’s Degree in Finance from VA Tech, is a graduate of Leadership Maryland (Class 2002) and is a Certified Financial Planner™.

His experience includes: business start-up financial processes, DOD budgeting process, Federal Acquisition Regulation (FAR) knowledge, Earned Value Management (EVM), contract negotiation, cost and pricing analysis, Financial System implementations, business evaluations, Business Process Re-engineering (BPR) and developing contract and financial training courses.

He has taught graduate and undergraduate courses at colleges and universities in Southern Maryland and is actively engaged in the Southern Maryland community. He serves on the Board of Directors of the Cedar Point Federal Credit Union (Treasurer) and The Patuxent Partnership. He is an active member and Past President of the Rotary Club of Lexington Park and a member of St. Mary’s County Chamber of Commerce.

The Financial Planning briefing is scheduled for Thursday, April 3, 2014 with check in and coffee at 7:30 am and the briefing from 8 – 9:30 am at the Southern Maryland Higher Education Center, Building 2, Center Hall, 44219 Airport Rd, California, MD 20619.

There is no cost for this program. Advance registration is requested to manage catering and seating.

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