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Business/Financial

DoD Seeks Help On Improving Cash Flow To Suppliers

By Cal Biesecker

Friday, July 14th, 2023

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DoD Seeks Help On Improving Cash Flow To Suppliers

The defense industrial base (DIB) in general is healthy although less so below the prime contractor level, prompting the Defense Department to ask for input on ways to improve cash flow and timely payments to the supplier base. “Enhancements in this area would not only improve the financial health of defense subcontractors and suppliers, but could potentially assist in attracting new entrants into the Defense Industrial Base, including at the supply chain level,” DoD said in a July 14 notice…

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