Shutdown Leaves Lockheed, Defense Cos. Exposed: Moody's

Law360, New York (October 3, 2013, 5:56 PM EDT) -- Some defense contractors are better prepared than others to weather the government shutdown, but some of the largest, most successful contractors, like Lockheed Martin Corp., are the most vulnerable because they depend heavily on U.S. government funds, according to Moody's Investors Service's Wednesday report.

The most exposed contractors tend to be mid-tier to low-tier contractors with little cash on hand and with specific niches in U.S. military spending, according to the report. But the list of “more exposed” contractors includes some heavy hitters that are highly...
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