Risk Factors Update Summary
- Considerable uncertainty exists regarding future budget and program decisions, impacting existing programs.
- Funding for U.S. Government defense programs is subject to shutdown risks, affecting revenues.
- Competitive bidding process increases pricing pressure, affecting ability to win new contracts.
- Acquisitions are intended to enhance shareholder value, involving risks and uncertainties.
- Negative macroeconomic factors may harm business results, especially due to global conditions.
- Increased inflation, labor shortages, and supply chain challenges may negatively impact financial condition.
- Failure of subcontractors or suppliers could materially and adversely affect performance, impacting profitability.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=217346&owner=exclude
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