April 5, 2020

DoD Adjusts Cash Flow to Contractors in Response to Coronavirus

military raise

DoD will raise progress payments to improve cash flow to contractors as the coronavirus continues to impact the economy. Northrop Grumman and General Dynamics have already cautioned investors; Boeing has closed its Puget Sound plants; and CAE, GE, and Airbus, government contractors with large commercial exposure, are taking various aggressive actions to rein in costs and staunch losses.

Defense Contractors Look to World Market

More than 230 American defense contractors were at the Farnborough International Airshow along with a large contingent of top US government officials.

JSF Shows Its Rack(s)

Stealth fighter can ditch its covertness to carry more weapons.

F-35B Performs for Press

Marines show off the F-35B’s vertical landing for reporters.

DoD Expands Cyber Program

Expansion gains support from Homeland Security.