Church of the Brethren Newsline
May 22, 2017
The Brethren Benefit Trust (BBT) board has adopted 2017 Department of Defense screens for investments. Each year as part of its Brethren values investing initiatives, BBT’s Board of Directors approves investment screens by adopting two Department of Defense lists comprised of companies that earn significant revenue from US military operations.
One list identifies the top 25 publicly traded defense contractors based on the size of contracts awarded by the Department of Defense, and the other list includes all publicly traded companies that generate more than 10 percent of their revenue from Department of Defense contracts.
The firms on the DOD lists are screened from BBT’s investment portfolios by all investment managers, and BBT also avoids being a customer of any of these companies.
Find the two lists on the BBT website:
— “2017 Top 25 Publicly Traded Companies Receiving Prime Contract Awards from the US Department of Defense” is online at http://cobbt.org/sites/default/files/pdfs/Investments/2017%20BBT%20DoD%20Top%2025%20List.pdf
— “2017 Department of Defense 10 Percent List: Companies Screened Due to Greater than 10 Percent of Gross Revenues from Prime Contracts with the US DoD” is online at http://cobbt.org/sites/default/files/pdfs/Investments/2017%20DoD%2010%25%20List%20Final.pdf .
(Information provided by Jean Bednar of the BBT communications staff.)
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