Defense Drawdown: Financial Overview and Strategies for the Top 25 Prime Contractors. Annex E to Adjusting to the Drawdown. Report of the Defense Conversion Commission,
Abstract
The report examines the impact the defense drawdown will have on the top twenty-five defense contractors. The analysis looks at the financial viability of the firms, the strategies the firms will undertake, and whether or not they will pursue commercial opportunities. It concludes: the top defense firms view the decline in defense spending as permanent, not cyclical; the financial viability of the firms is not at risk; commercial diversification will be based on the firm's core competencies' and firms will pursue modest commercial ventures. An analysis of the financial performance of the prime contractors during the 1980s and early 1990s and an examination of the financial projections for the top prime contractors is included.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 01, 1993
- Accession Number
- ADA324522
Entities
People
- David J. Platt