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Tag Archives: defense contractor

Report: US Defense Contractors to See Continued Rise in Foreign Weapons Sales Under Next Administration

Analysts say U.S. defense contractors should expect a continued rise in arms exports following Donald Trump’s victory Wednesday in the U.S. presidential election, Reuters reported Wednesday. Mike Stone and Patricia Zengerle wrote analysts have said they think Trump would continue to support the supply of U.S. weapons systems to allied countries to …

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Lindsey Graham Claims WH Sequestration Reimbursement Plans Illegal

Sen. Lindsey Graham (R-S.C.) believes the White House‘s plans to reimburse severance costs of defense contractors if the companies do not send layoff notices to their employees are illegal, The Hill newspaper reports. According to Jeremy Herb’s story, Graham has advocated for companies issuing the layoff notices to raise public …

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Pentagon Looking to Cap Defense Contractor Exec Pay

The Defense Department is looking to place a cap on the executive pay of defense contractors, extending the limit from the top five to all positions, according to an All Headline News report. Under the proposed $693,951-per-year cap, executive pay would include wages, salaries, bonuses and deferred compensation. The House …

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Low-Interest Rates Mean Opportunities for Small Businesses to Build, Hire

In an opportunity for small-business owners, this month’s rates for both 20-year and 10-year Small Business Administration’s 504 loans are at their lowest levels since the program began. The program has nominated a number of Certified Development Companies to help finance 680 small businesses with the loans in September alone. …

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