Sentence examples for progress payment from inspiring English sources

Given said that the approval released a $10 million progress payment from Ethicon Endo-Surgery, the Johnson & Johnson subsidiary that has rights to distribute and market PillCam everywhere except Japan.

Venture also recorded prepayments of $23.9 million to companies owned by Winget and a $47.4 million "progress payment" on unfinished tools and mold inventory being produced at Deluxe Pattern, a Winget-owned provider of tooling and fixture work.

Shipyards rely on progress payments from customers to complete orders.

Think about putting your work in stages and having progress payments".

We get a deposit and progress payments from most of our clients but not all of them.

Reinforcing that message, Mr. Gates also announced that he would withhold, at least for now, $614 million in progress payments from the prime contractor, Lockheed Martin.

The money would be doled out in "progress payments," as expenses where incurred, the officials said, in a teleconference with reporters Wednesday evening.

Boston Scientific had paid $740 million to acquire Advanced Bionics, but it also had agreed to future progress payments that could have raised the total cost past $3 billion.

Even though the government makes periodic "progress payments" as the work is completed, she said, those payments often fall short of costs in the beginning because the heaviest costs are at the start of a contract.

When that requirement was imposed in 1986, lawmakers were furious that top military contractors were deferring almost all of their taxes, even though they were getting progress payments throughout the term of their contracts.

They cut Lockheed off from new contracts and withheld progress payments and award fees on existing ones.