Defense Companies Still Await Boost from Pentagon’s Arming of Ukraine
November 6, 2022
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There is an $8 billion gap between what the Pentagon has pledged to send to support Ukraine and its allies, and the contracts awarded to defense companies.
Executives at military contractors said the combination of supply chain hurdles, labor shortages and Pentagon bureaucracy means billions of dollars in contracts won’t start to benefit their financial results until late next year and into 2024 and beyond.
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