Bankruptcy Issues The Defense Industry Should Think About

Law360, New York (April 3, 2014, 11:50 PM EDT) -- ​The U.S. defense industry is expected to be under increasing financial stress over the next several years. Specifically, reduced government spending will negatively affect defense contractors who rely primarily on government contracts and fail to diversify their revenue base. Because some of these companies may either seek to reorganize their capital structures or file for bankruptcy in the near term, it is important for interested parties to consider national security and government contract issues that may affect the restructuring of a U.S. defense contractor....

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