Demand for General Dynamics» products is driven more by trends in
government defense spending and the business jet cycle, which don't always match up with trends in the broader economy.
She says that the Coast Guard has shouldered the burden of building new vessels while
government defense spending increases have gone elsewhere.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24)
spending by the U.S. and other
governments on
defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign
government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The document reallocates more than $ 54 billion from
government entities like the Environmental Protection Agency, the State Department and even NASA to boost
defense spending by the same amount.
While the budget proposes large
spending cuts to many
government agencies — the Environmental Protection Agency and State Department budgets would be cut 31 % and 28 %, respectively —
defense and military
spending would increase substantially.
While China's domestic security
spending outstrips
defense spending, though the
government stopped providing exact figures four years ago, it has also struggled with some pointed intelligence failures.
Three
defense contractors found success in diversification after the
government slashed its
spending.
The Japanese
government also approved a record increase in
defense spending — focused primarily on ballistic missile
defense.
Protecting major transfers to persons,
spending on health and education and other
spending such as that for Aboriginal programs, research and development, and assuming you won't revisit
defense and international assistance, then to find an additional $ 8 to $ 11 billion by 2015 - 16 would require major cuts in labor market programs,
spending on the homeless, infrastructure programs, and last, but certainly not least,
government personnel costs.
Though the German
government is notionally committed to the alliance's 2 - percent
defense -
spending target, it only
spent 1.2 percent of its GDP on
defense last year — an amount her coalition partners, the Social Democrats, and more than half the German public oppose increasing.
Speaking of the
government's impact on the industrial sector, aerospace and
defense stocks are leading industrials on speculation President Donald Trump is targeting significant increase in
defense spending.
But the more libertarian, limited -
government wing of the party generally prioritizes cutting domestic
spending over boosting
defense spending, and has pushed back against the February deal as allowing profligacy on all fronts.
People keep forgetting that most
government spending is transfer payments, but it is only purchases of labor and goods that go directly into the GDP calculations, and it is these accounts that will get smacked by the sequester of discretionary
defense and non-
defense budgets.
The
government is having another, less direct impact on
defense spending, namely an increase in demand for weaponry and tech as geopolitical tensions rise.
If you are 55 or under and hope to enjoy some of those benefits you have been paying into from your paychecks for the last 30 years, of which the
Government has borrowed 5 trillion dollars for other
spending such as
defense and tax breaks for the rich, which is why the current social security system is in jeopardy, then you will be voting for Obama.
Given the sad state of our highways, public transportation systems and other material infrastructure, as well as the severe needs of our educational system, increased
government spending in these areas could take up the slack in declining
defense expenditures while contributing enormously to the potential productivity of the United States.
Some folks don't believe in
defense spending and war as
government - mandated programs either — and in protest have withheld tax money owed to the IRS — and I don't recall them winning their cases.
And this Al - Monitor (a media site focused on Middle East which was accused of following «the agenda of the Iranian and Syrian
governments and Hezbollah») article details a bit more the military budget and the growing trend of Iran's military
spendings, although it does not state the current total
defense budget and its numbers are considerably lower than SIPRI's for the past years, maybe because the fiscal year used in this article begins near 20th March:
The US
spends more on education than
defense, although most of that
spending is private rather than
government spending.
Six weeks into the trial of Percoco and three executives accused of allegedly bribing the former Cuomo adviser in exchange for
government favors, prosecutors and
defense lawyers
spent all day Tuesday giving closing arguments to a case that could have sweeping implications for its sister case — the Buffalo Billion trial expected to start in June in the same courtroom.
I agree with EJ that there is a need for a more portable plan for those that choose not to
spend their entire career in
government, however, as Brodsky said, that's no reason to wreck the entire system and I don't feel EJ did a very good job of outlining his case — though Brodsky did an even worse job outlining the
defense in this case.
For CenterState CEO President Rob Simpson, January is usually a time he and other business leaders start playing
defense; fending off budget proposals from Albany that include higher taxes and fees, and more
government spending.
The temporary
spending agreement took the air out of the balloon of heightening tension that the
government would grind to a halt over differences on
defense and domestic
spending, border security and the future of youthful immigrant «Dreamers.»
Republican members of Indiana's Congressional Delegation split their votes on the latest budget deal which funds the
government for the next two years, lifts the debt ceiling as well as increases
spending on
defense and domestic programs.
The House of Representatives seemed poised to pass a bill to keep the
government open until 16 February, after promising conservatives a vote on a major increase in
defense spending, a hard - line immigration bill as well as other unnamed concessions that the conservative House Freedom Caucus leader Mark Meadows called «subplots» on Thursday night.
The strategy continued into 2017, reports Elana Schor in Politico, when «All but four of the Senate's 48 Democrats [in December] warned congressional GOP leaders against pursuing a
government funding plan that would boost
defense spending for the rest of the fiscal year while leaving domestic priorities at current levels... Some Senate Democrats began pushing back... as House conservatives pitched Republican leaders on a full - year hike for the Pentagon paired with a continuing resolution for domestic programs.»
Although inflation will likely reduce its value by 10 % by 2015, most researchers have welcomed this outcome bearing in mind what has happened to other parts of
government spending, including
defense (cut by 8 %), policing (cut 4 %), and the Foreign Office (down 24 %).
A new analysis by the Natural Resources
Defense Council, the NRDC, finds that the federal
government spent three times more than the private insurance industry on climate change impacts last year.
That group noted that the U.S.
government spent about $ 5 billion on energy research in 2010, compared with about $ 30 billion for medical research and over $ 80 billion for
defense R&D.
January 31, 2013 • The
government is set to make additional cuts to
spending, including
defense, this spring, unless lawmakers agree on an alternative plan to address the deficit.
Payments to social security recipients, the costs of national
defense, medical expenditures, and interest payments on the national debt constitute the bulk of federal
government spending.
If the
government plans to cut
defense spending, it means that a lot of revenue could be lost for companies that do business in this space.
Instead, our research indicates that inflation is primarily the result of growth in unproductive forms of
government spending (basically
defense spending, entitlements and other expenditures that fail to stimulate the supply of goods).
His passionate
defense of human rights and freedom of speech is deeply tied to his own personal experience, after
spending his early childhood in a labor camp with his family, and later on being targeted for his outspoken criticism of the Chinese
government.
In a column penned in the midst of the 2014 floods crisis that briefly engulfed a coalition
government that had overseen cuts to flood
defense spending, columnist Matthew D'Ancona made a timeless observation that has stayed with me ever since:
This is especially true WRT the politics so there is plenty of left - wing
government money to be
spent on his
defense.
I hold special scorn for those who want to tear away funding for programs that mostly benefit the disadvantaged, because this is pure gamesmanship — if politicians were serious about balancing the budget, they'd either tackle
defense and entitlement programs, or do something that would be much, much better for the economy than slashing
government spending: raise taxes on the wealthy.
Nichols, who has
spent the past 12 years as a private practitioner in the
government contracts field, will work on regulatory and litigation matters involving
government procurement related to
defense and aerospace, large - scale construction, and internal development.
The approval of the
defense spending bill called the National Defense Authorization Act (NDAA) may lead to the mainstream adoption of Blockchain technology by government agencies in
defense spending bill called the National
Defense Authorization Act (NDAA) may lead to the mainstream adoption of Blockchain technology by government agencies in
Defense Authorization Act (NDAA) may lead to the mainstream adoption of Blockchain technology by
government agencies in the US.
Nix said that while an increase in
defense spending could «help» the company's business, SCL's
government division sees potential beyond the Pentagon and Homeland Security.
An obscure provision tucked into a U.S.
defense spending bill could act as a springboard for blockchain adoption across
government agencies.
CoinDesk An obscure provision tucked into a U.S.
defense spending bill could act as a springboard for blockchain adoption across
government agencies.
Developers of class - A buildings are looking to opportunities presented by increased
defense spending by the
government, industry sources say.
The Dow Jones Industrial Average has surpassed 20,000, a record high, and the economy is expected to benefit as the federal
government cuts taxes, scraps unneeded regulations, and increases
spending on infrastructure and
defense.
While consumer
spending, single - family housing, home mortgages,
defense spending and healthcare are in recovery, other sectors such as business investment (venture capital), telecom, technology, state
governments and the airline industry are all in recession.
Over the first half of 2017, there is little doubt the U.S. economy will enjoy a stimulus, largely via a combination of tax cuts and
government spending on infrastructure and national
defense.
Certainly, a critical question that remains on the table is how the
government will pay for increased
spending on infrastructure and
defense, while reducing tax rates, without significantly raising the U.S. budget deficit (a key Republican stance).
GDP growth was reduced by higher levels of imports and weakness in federal
government spending, particularly for
defense spending.