Defense Industry In Distress: Opportunities, Obstacles

Law360, New York (May 01, 2014, 1:04 PM ET) -- The U.S. defense industry is facing a new battle — financial distress. Withdrawal of U.S. forces from Afghanistan and Iraq combined with reductions in the defense budget and sequestration have taken a toll on many U.S. defense contractors’ balance sheets. Industry analysts believe that this decline may be slowed by several strategies, but many U.S. defense contractors lack both the capital and time necessary to implement them. For industry competitors and private investment funds with the appetite and liquidity, this article will present a brief roadmap...
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