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Expert Analysis

FCPA Risk And The Role Of Defense Contractors' Boards

Law360, New York ( February 22, 2016, 11:50 AM EST) -- The last four years have been a time of dramatic change for many companies in the U.S. aerospace and defense industry. This period has been marked by a declining U.S. defense budget with continuing uncertainty over the impact of sequestration. Spending on national security has fallen every year since 2011 by a cumulative 15 percent.[1] A report on U.S. military spending issued by the Council on Foreign Relations noted the effect that declines in military spending and budget uncertainty were having on defense contractors:...

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