from Reuters: Company News https://ift.tt/3f6F9af
UPDATE 2-U.S. Navy pays contractors $600 mln held back to ensure performance
The U.S. Navy has paid defense contractors $600 million it had withheld to ensure contract performance, hoping the funds would shore up finances for suppliers ravaged by the coronavirus-driven economic downturn, a Navy official said on Tuesday.

from Reuters: Company News https://ift.tt/3f6F9af
from Reuters: Company News https://ift.tt/3f6F9af
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By LIAM STACK from NYT Magazine https://ift.tt/2FNPp6k
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