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| related topics |
| {product, liability, claim} |
| {cost, regulation, environmental} |
| {regulation, government, change} |
| {cost, operation, labor} |
| {property, intellectual, protect} |
| {control, financial, internal} |
| {operation, international, foreign} |
| {personnel, key, retain} |
| {customer, product, revenue} |
|
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We depend on the U.S. government for a substantial amount of our sales. If we do not find acceptance of our products within the U.S. government, our business may fail.
U.S. government contracts generally are not fully funded at inception and are subject to termination. If the U.S. government does not order as many vehicles as we anticipate, our business will be adversely affected.
We must comply with environmental regulations or we may have to pay expensive penalties or clean up costs.
Our earning and margins depend on our ability to perform under our contracts and if we do not perform our margins may erode.
If the pricing and availability of subcontractor performance and raw materials change, our profitability may be adversely affected.
Some of our product components are manufactured in other foreign countries and if any of those become unstable or government regulations change, our costs may increase or we may become unable to source certain parts.
We may be subject to personal liability claims for our products and if our insurance is not sufficient to cover such claims, our expenses may increase substantially.
We must develop new technologies and maintain a qualified workforce in order to remain competitive.
We rely on proprietary designs and rights and if we have to litigate those rights, our expenses could substantially increase.
Failure to maintain effective internal controls in accordance with section 404 of the Sarbanes-Oxley act could have an adverse effect on our business and stock price.
Full 10-K form ▸
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