Tight Credit Is Choking Many Small SuppliersDecember 23, 2009
The major defense and aerospace giants are riding out the worst global economic meltdown in generations with their financial health largely unscathed. But the tens of thousands of small companies that supply the prime contractors with components, parts and services face potential financial ruin. This could lead to weaker suppliers going under unless they receive financial support from their customers and also to consolidation among smaller suppliers that would alter the supply chains for major contractors. To find out more read the Knowledge@Wharton white paper. |
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