Aerospace & Defense

Program-level finance for contractors and manufacturers serving aerospace and defense.

Aerospace and defense companies earn revenue over long contracts, bill against milestones and progress payments, and answer to customers who audit the numbers. A fixed-price program can drift from profitable to underwater in a quarter, and standard month-end financials rarely show it in time.

Buxbaum works with defense contractors, aerospace suppliers, and precision manufacturers to bring contract-level discipline to the finance function. We help leadership see margin by program, manage cash against billing and delivery schedules, and keep the cost accounting rigor that government and prime contractor customers expect.

What We Offer Aerospace & Defense Companies

• Over-time revenue recognition under ASC 606 with estimate-at-completion (EAC) tracking, cumulative catch-up adjustments, and unbilled receivables reconciliation
• Program and contract profitability reporting across fixed-price, cost-plus, and T&M work, including funded and unfunded backlog
• Indirect rate structures (fringe, overhead, G&A) with provisional-to-actual true-ups and DCAA-ready cost pools and timekeeping
• Cash forecasting tied to milestone billing, progress payments, and long lead-time inventory and WIP
• ERP and BI implementation for job cost, inventory, and program reporting on NetSuite, Costpoint, or Unanet
• Quality of Earnings and diligence support covering backlog conversion, contract margin history, EAC accuracy, and normalized EBITDA
• Fractional CFO leadership experienced in government contracting, FAR/CAS compliance, and transaction preparation