Aerospace and Defense - Shutdown Week Three - Practical Considerations
October 14, 2013
In this issue:
Shutdown Week Three - Practical Considerations
As the shutdown enters its third week, practical considerations for federal contractors become more urgent. Lines of credit are being drawn down with no clear path to the end of the financial bleeding. CFOs are doing what they can. Comptrollers are stretching out terms as much as possible. But the burden ultimately falls on the program, its managers, and other line managers.
Finance Departments are watching carefully crafted metrics sour. Black numbers are becoming red. Pressure increasingly is being put on the operational activities (read: "productive part of the business") to "do something" about the cash outflow but, what?
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