A note on the financial condition of defense contractors
Altman’s Z score, Defense industry, financial analysis
Defence and Peace Economics
In recent years, there have been several changes in the weapon-system acquisition market which have • the potential to negatively impact the financial condition of defense contractors. This study evaluates the financial health of defense firms vis-a-vis nondefense firms using a fiscal distress identification model developed by E.I. Altman. We conclude that the financial condition of defense firms has deteriorated but the deterioration is the same as experienced by nondefense firms. © 1995, Taylor & Francis Group, LLC. All rights reserved.
Original Publication Date
DOI of published version
Bowlin, William F., "A note on the financial condition of defense contractors" (1995). Faculty Publications. 4219.