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A&D Companies' Nice Problem: Cash To Burn

机译:A&D公司的好问题:烧钱

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摘要

As defense budgets soared through the 2000s, large aerospace and defense contractors cashed in-literally. Companies paid down debt, repurchased shares and shored up their pension plans, and yet their stockpiles of cash kept growing. PwC estimates that the top 10 A&D contractors now have $35 billion in cash on their balance sheets. Broaden that to the top 15 companies and the total is more than $50 billion, according to a separate estimate by Bain & Co.
机译:随着2000年代国防预算的飙升,大型航空航天和国防承包商在文学上实现了兑现。公司还清了债务,回购了股票并支撑了退休金计划,但他们的现金储备却在不断增长。普华永道估计,十大A&D承包商现在的资产负债表上有350亿美元现金。根据贝恩公司(Bain&Co.)的另一项估算,将其扩大到排名前15位的公司,总规模超过500亿美元。

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