Accession Number : ADA324522
Title : 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,
Corporate Author : DEFENSE CONVERSION COMMISSION WASHINGTON DC
Personal Author(s) : Platt, David J.
PDF Url : ADA324522
Report Date : FEB 1993
Pagination or Media Count : 71
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.
Descriptors : *ECONOMIC IMPACT, *CONTRACTORS, *MILITARY BUDGETS, *MILITARY DOWNSIZING, *DRAWDOWN, CONVERSION, DEPARTMENT OF DEFENSE, UNITED STATES, ECONOMIC ANALYSIS, INDUSTRIES, RISK, DEFENSE SYSTEMS, FINANCIAL MANAGEMENT, FORECASTING, AEROSPACE INDUSTRY, PROFITS, FINANCE.
Subject Categories : Government and Political Science
Military Forces and Organizations
Distribution Statement : APPROVED FOR PUBLIC RELEASE