Mclaurin Aerospace is a woman-owned, advanced technology government contracting business that develops solutions to the most pressing challenges in aviation, space exploration, and defense. The owners began working with Anglin Reichmann Armstrong in the beginning of 2012 when they were referred by a commercial lending contact at a bank in Huntsville, Alabama. It was important for Mclaurin owners that their CPAs understood government contracting and the compliance and regulations in the industry.
The team at Anglin serves as an outsourced CFO for Mclaurin. They set up cost codes for timekeeping, manage employee onboarding and payroll, conduct monthly financial reporting and prepare corporate and owner taxes.
Mclaurin has relied on Anglin as a key part of strategic planning and contract reporting. As a government contractor, the company has a number of compliance requirements that must be met in order to keep their contracts. For Mclaurin’s Director of Engineering, Les Hall, Anglin’s ability to keep him up to speed on what is happening in the industry has been a significant benefit to the relationship.
In 2016, Anglin helped Mclaurin obtain HUBZone small business certification. HUBZone certification allows a government contracting business to compete in a limited field for contracts in underutilized business zones and set-aside contracts. It also provides a 10 percent price evaluation preference in full and open contract competitions. HUBZone certification is a beneficial tool that helps smaller government contracting firms compete against larger companies.
All services for Mclaurin include:
• Consultation related to DCAA requirements
• Forward pricing budgets and incurred cost submissions
• Cost impact analysis
• Proposal pricing support
• Prime contractor reporting
• Strategic planning and capital expenditures
• Comprehensive corporate and individual tax planning, compliance and advisory services
• Business licensing
• HUBZone Certification
One of the key areas where Anglin has stood out for Mclaurin is in their willingness to do anything that is asked of them. Les Hall knows that even his unusual requests will be handled by the team. He has also experienced the team’s willingness to make accounting and financial strategies understandable to him. His trust in Anglin is deep, and he can be as involved in the accounting as he wants yet knows that everything is on track to meet the company’s goals.