April 3, 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.

Hackers Reach DoD Contractors’ Data

hackers

Lockheed Martin, General Dynamics, Boeing, and SpaceX are among dozens of companies named as victims of compromised data. Visser Precision, a Colorado-based aerospace, automotive, and industrial parts manufacturer, was hacked by the ransomware group DoppelPaymer.

DoD End-of-Year Contracts Awarded

End-of-Year Contracts

These are the end-of-year Department of Defense contracts awarded in the Maryland, Virginia, and Washington, DC, region from December 23 through December 31, 2019.

Organizational Changes Likely in Pacific Fleet

south china sea

The US Navy is pressing toward a major organizational change that could strip US Pacific Fleet of some or all of its functions and consolidate that power under US Fleet Forces Command on the East Coast.

A Look at Top Military Stories in 2016

Av-8B Harrier II

A look back at some of the top military and maritime stories of 2016. The news was full of stories about research, development, and acquisition, as well as testing, fielding, and planning for ships, aircraft, and weapon systems.

China Can Track F-35 JSF

F-35C JSF formation

China’s “passive” radar detection device may be able to track the F-35 stealthy fighter at distances of up to 400 kilometers.

US Navy Already Looking at JSF in 2030

F-35 top test pilot UK

Four years before the JSF is expected to enter naval aviation service, the US Navy is looking at F135-C modifications for future missions.

DoD Prime Contractor Performance Analysis Released

Pentagon Capitol

The 2014 Performance of the Defense Acquisition System report analyzes prime contractors in terms of contracted products and services.

Morning Coffee: 2014 Outlook for Large Contractors

money

2014 will be a tough year for defense contractors, but if companies can endure the fiscal year the worst could soon be in the past.

Budget Delivers a Merry Christmas to Contractors

capitol hill winter

The bi-partisan budget bill on its way toward final approval makes big winners of big defense contractors, especially in aerospace and arms. Investors can expect a happy new year.