Military law involves the law
of military contracts, litigation in the military courts and court of claims, disciplinary law and courts martial.
Another part of GD's moat is the complex nature
of military contracts, most of which are fixed - price, cost plus arrangements (32 % of total revenue in 2016) that take years to bid on and finalize.
It was rumored that the end
of the military contracts will also put an end to the old G production in Graz, Austria.
The NYT examines a few small businesses that have broken into the $ 55 billion world
of military contracting.
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 defense industry — the Department
of Defense — is the single biggest customer in the world,» says Laingen, who estimates that the
military awards some $ 150 billion in
contracts each year, depending on the size
of its budget.
Service firms are getting into the act too: «Beth Harshfield, the owner
of Exhibit Arts, an advertising and marketing company in Wichita, Kan., said she started bidding on
military contracts six years ago because «I got tired
of the local economy kicking the legs out from under us.»
Despite longstanding concerns about the number
of government
contracts set aside for small companies,
military contracts are helping some small companies stay afloat during the recession.
Congress has already banned mandatory arbitration clauses for mortgages and
contracts involving members
of the
military, he said.
I started a government -
contracting consulting firm, Integrated Finance and Accounting Solutions, which services
military and other government institutions and assists them in federal financial management in the areas
of internal audits, internal controls, budgeting and accounting processes.
The Department
of Defense awarded Ecovative a preliminary
contract to develop «programmable materials» to grow temporary living structures for the
military that are sustainable and reduce waste.
The controversial US
military contracting firm was renamed Xe Services after employees were convicted in the deaths
of Iraqi civilians.
Investigatory material compiled solely for the purpose
of determining suitability, eligibility, or qualifications for Federal civilian employment,
military service, Federal
contracts, or access to classified information, but only to the extent that the disclosure
of such material would reveal the identity
of a source who furnished information to the Government under an express promise that the identity
of the source would be held in confidence.
Government investments have been directed towards public works
of scale (such as from the Hoover Dam),
military - industrial
contracts, and the financial industry.
The United States Government spends billions
of dollars every year awarding different types
of contracts to meet the needs
of the US
military and other government...
Fairbanks Morse - an EnPro Industries company (NYSE: NPO) and leading provider
of solutions that are powering the world forward - has been awarded a $ 17.3 million multi-year services
contract by
Military Sealift Command (MSC), which services U.S. military ships
Military Sealift Command (MSC), which services U.S.
military ships
military ships at sea.
Humana has a $ 58 billion
contract to provide health insurance to millions
of military service members and veterans.
It is also incredibly lucrative for the owners and operators
of so - called private
military companies — and the money to pay for their activities ultimately comes from taxpayers through government
contracts.
Although it's not at capacity yet, with current growth and the prospect
of vendor
contracts with the
military and schools, Robson already sees the company adding another fully cooked line in the near future.
Regardless, countless males were circumcised by
military services
of the U.S. and other nations during World Wars I and II in an attempt to reduce the chance that they would
contract a STD.
In addition, one must take into account the large economic footprint
of the private defense industry from companies like Lockheed Martin and Boeing who are dependent on the
military for
contracts to keep them going, as well as the kind
of industries that one doesn't think
of when they think
of military spending and dependence on the
military like food service
contracts or transportation spending.
Lacking a formal budget and subsisting off
of uncertain continuing resolutions for six years, usually followed by a «government shutdown,» the
military is challenged to put major maintenance items on
contract.
«Furthermore, the timing
of this fictional and imaginary report is to halt or frustrate the sale
of Tucano jets to Nigeria, at a time the Nigerian Government has reached advanced stages in actions over the
contract with the United States Government for the purchase
of 10 Tucano jets to assist the
military battle terrorism in the country.
From the President who has refused to act on investigative reports submitted to him on grievous allegations
of diverting over a billion naira meant for resettlement
of Internal Displaced Persons (IDPs) by the Secretary to the Government
of the Federation, Babachir Lawal under the Presidential Initiative for the North East (PINE) and the miraculous discovery
of 13billion naira in an apartment at Ikoyi, Lagos under the supervision
of the Director
of the Nigerian Intelligence Agency (NIA), Ayodele Oke, to the Head
of Service
of the Federation, Oyo - Ita Winifred Ekanem, who connived with others to reinstate into active duty and promote Abdulrasheed Maina, the former Chairman
of the Pension Reform Task Team, who allegedly stole over 6billion naira pension fund; the Chief
of Staff to President Buhari now renamed the «Thief
of Staff», Abba Kyari, who allegedly received a bribe
of 500million naira to negotiate a fine reduction for MTN Nigeria, and has continuously been in the heart
of every sharp practices in the Presidency; the Minister
of State for Petroleum Resources, Dr. Ibe Kachikwu who allegedly received a kickback
of 3.8 billion naira in exchange for marginal oilfield using his brother, Dumebi Kachikwu as front; the Minister
of Justice, Abubakar Malami, who was the brain behind the reinstatement
of Abdulrasheed Maina; the Chief
of Army Staff, General Tukur Buratai who during his time as the Director
of Procurement at the Army Headquarters allegedly diverted funds meant to equip the
Military into buying choice properties worth millions
of dollar in Dubai; the Minister for Solid Minerals, Dr. Kayode Fayemi who allegedly embezled State Universal Education Board (SUBEB) funds as the Governor
of Ekiti State; the Minister for Interior, Abdulrahman Bello Dambazau who was indicted by a Presidential investigative committee probing Arm procurement for awarding ghost
contracts worth $ 930,500,690 with others while as the Chief
of Army Staff between 2008 - 2010 and one
of the brains behind the reinstatement
of Abdulrasheed Maina; the Minister
of Transportation, Rotimi Amaechi alleged to have stolent 142billion naira as the Governor
of Rivers State.
Astorino says a
contract for another gun show has not been signed, but according to Legislator Parker, the vendor is already advertising the sale
of «
military - style weapons» at a gun show slated for January 2018.
Any man
of draft age on May 17, 1917, knew or should have known that his first obligation was to his country; and any
contract entered into after that date should have been entered into with the condition that he was subject to draft and might be called for
military service.»
A pledge
of new investment from its parent company and news
of a newly secured
military contract have workers at Remington Arms a little more optimistic their jobs will be staying in upstate New York.
The Company was awarded the
Contract in 2010 to construct eight Hospitals for the Ministry
of Health and a 500 - Bed
Military Hospital in Kumasi, for the Ministry
of Defence.
Washington — The Department
of Defense has awarded the Remington Arms factory in Ilion a
contract worth $ 80 million to produce more than 5,000 sniper rifles for the U.S.
military, Rep. Richard Hanna said today.
Love letters, business
contracts, holiday snaps, spam, petitions, emergency bulletins, pornography, wedding announcements, TV shows, news articles, vacation plans, home movies, press releases, celebrity Web pages, home movies, secrets
of every stripe,
military orders, music, newsletters, confessions, congratulations — every shade and aspect
of human life encoded as 1s and 0s.
In 2008, after 5 years in the USMC, Cruz's
contract ended and he enrolled at the University
of Maryland, Baltimore County (UMBC), eager to learn whether his
military service had given him the dedication needed to do well in college.
Facing an immense national debt which he inherited from Napoléon, Louis» ministers found it necessary to slash the army budget, cancelling
contracts for
military supplies and throwing nearly three hundred thousand soldiers out
of work.
Today, as
military contracting expands inexorably into arenas that were previously civilian, the nature
of war would be unrecognisable to people like Christofilos.
Just what sort
of role is there for an organisation that aimed to win wars, when the US defence department spends more than the entire GDP
of many countries on
military contracting?
The biggest waste, I would suggest, lies in the Pentagon budget, which now stands at around 5 percent
of GDP and finances two expensive wars, hundreds
of overseas
military bases, and overpriced service
contracts and weapons systems.
They add that the
military is a vital customer, not only because it is one
of the biggest users
of fuel on the planet, but also because it tends to purchase goods on long - term
contracts, which gives investors confidence that the biofuels market will be stable for years to come.
In 1968 Playtex, the bra and girdle manufacturer, beat out a slew
of military - industrial companies to win the
contract to design and hand - sew the space suit for the 1969 Apollo mission to the moon.
Immune responses
of patients could point way forward for future vaccines.In the latest study, researchers involved with the trial at Mahidol University in Bangkok and the U.S.
Military HIV Research Program in Washington DC assembled a team to scour the blood
of trial participants for immune indicators that differed between 41 people who received the vaccine and
contracted HIV and 205 participants who did not become infected.
WHAT: In 2005, Miami arms dealer Efraim Diverol (Jonah Hill) takes advantage
of a government initiative allowing small businesses to bid on U.S.
military contracts.
In no time at all, their newly created company, AEY, Inc., is doing great and secures a $ 300 million
contract to arm the Afghan
Military, one
of their many interational clients.
In that pursuit, our government set up an «eBay» list where major arms dealers could pick off the larger
contracts, and dilettantes and arms «day - traders» could, from the comfort
of their basements, sell the United States
military a few thousand handguns.
Set during the height
of the Iraq War, David Packouz (Miles Teller), a struggling masseuse - cum - travelling carpet salesman, meets childhood bestie Efraim Diveroli (Jonah Hill), an Iraq arms dealer who exploits the little - known government initiative that allows small businesses to bid on private
contracts on
military arsenal — it's in the archival visuals
of Iraq soldiers
military gear paraded as visual merchandisers, that accompanies the aforementioned prologue, that has some genuinely startling financial statistics.
Happy to reconnect, the two twentysomething former classmates are soon going into business with one another, as Ephraim gives David a crash course on the process
of the United States
military handing out lucrative weapon
contracts to the highest bidders on an active and public website.
Bill Murray and Alec Baldwin are the two opposing bosses
of said
military and
contracting companies with vastly dissimilar leadership tactics.
Efraim is making a great success
of bidding on US
military contracts, and invites David to join him.
Efraim has started his own arms dealing business in Miami, and it's pretty successful, living off the crumbs
of small
military contracts that the major companies generally ignore.
Phillips is more interested in the rags - to - riches story than how the U.S. government managed to get conned by a pair
of inexperienced frat bros who had no business bidding on a $ 300 million
military contract.
Well - intentioned but outraged in only a general sort
of way, The Whistleblower tells the story
of how the United Nations, the United States State Department, and a private
military company (The name
of the real - life counterpart has been changed in this telling) worked in tandem with different motivations (survival, to avoid blowback, and to maintain a profitable
contract) in an attempt to hush up a sex trafficking scandal in Bosnia - Herzegovina in the years after the Bosnian War.
The entrepreneur recruits David and the two manage to land the biggest weapons
contract with the
military of all time.
The head
of the Blue Water Corporation, Sands has overseen the genetic engineering
of S - 11, a shark - octopus combination being developed as the next big thing in
contracted military weaponry.