Defense Industry Weathering COVID-19 Economic Slowdown

PALMDALE, Calif. – June 29, 2018 – A Northrop Grumman quality team performs final inspection of an F-35 center fuselage produced by the company at its Palmdale Aircraft Integration Center of Excellence. Northrop Grumman photo

The defense sector appears more insulated from the worst financial effects caused by the COVID-19-related economic slowdown when compared to other industries.

During the past week, as the largest defense contractors started reporting first-quarter financial results, a clear...

https://news.usni.org/2020/05/01/defense-industry-weathering-covid-19-economic-slowdown

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