Defense Financial and Investment Review. Appendix 3. Financial Community Perceptions of the Defense Industry: 1985,
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The Conference Board made a study of leaders in the nations financial community concerning their perceptions of the defense contractors with whom they do business to support the Defense Financial and Investment Review study. The report contains a summary of comments from financial executives of commercial banks, life insurance companies, accounting firms, investment rating agencies, investment banking firms, and venture capital firms relating to the suitability and desirability of providing financing to defense oriented firms. Commercial bankers and large life insurance companies particularly welcome the business of defense contractors. The prevailing opinion is that the collection experience in this sector of industry is good and the loans are profitable for lenders. In particular, the industry is in good shape because of the present and prospective defense build-up and also because of changes that have been made in DoD profit and financing policy and in economy-wide tax policy.
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