Regarding Covid-19

A Message from Our CEO

This week, Governor Jared Polis extended a shutdown order to the state of Colorado. Roccor remains in operation as a critical business that is part of the essential infrastructure*. The policies and practices put in place at the start of last week that allowed 85% of our staff to transition to working remotely have positioned us well to remain productive, and we have not yet experienced a slowdown on our projects. 

Roccor’s Leadership team continues to meet daily and we are making the transition from containment into mitigation and sustained operations in a new, distributed mode. We continue to emphasize to our team the importance of balancing risk in the context of our people, our customers and business, and our community. 

We are very proud of the agility and creativity exhibited by our employee stakeholders to keep things going at this difficult time.

Roccor is managing forward and starting to identify the needs weeks or months down the road as we start to emerge from the impacts of this period. Don’t hesitate to reach out if you have any questions you may have or insights that you would like to share.

Wishing you the best,

Chris Pearson, CEO

Summary of Updates

 

Our People

  • We have formally limited any on-site personnel to those that must be in the facility in order to accomplish work.
  • We continue to increase the robustness of our social distancing practices inside the facility with modifications to work stations, establishing wipe down stations as point-of-use for tools and other high-touch surfaces, implementation of single occupancy practices for small spaces such as kitchens and bathrooms and so forth.

Our Customers and Our Business

  • Project teams are coordinating with their contacts to understand any COVID-19 related challenges they are experiencing.
  • Office 365, especially the use of Microsoft Teams is proving effective at keeping our people connected and productive. We are planning for some interruption in productivity and thus to project schedule, but as of now we have been pleasantly surprised that this has not been the case.
  • We have seen an uptick in phishing attacks as was predicted – these attempts have been reported by staff in accordance with the training they received as part of our NIST 800-171 compliance. We have also increased the monitoring of our SIEM to ensure that any potential threats are identified and mitigated.
  • Risk – Roccor’s Risk Management Board convened a special session on 3/12/20, specific to COVID-19 and the associated risks to all aspects of the business. The board continues to meet and we are now in the phase of implementation on mitigation plans.
  • We are expecting an impact to projects in the coming couple of weeks as the virus cases likely peak and our employees and their families become affected. We will continue to openly communicate with our customer teams and have been identifying plans to minimize any realized impacts.
  • Roccor is aiming for prudence and has triggered proactive cash conservation measures to maintain a reserve. We are expecting a strain on cash as customers’ accounts payable systems could become strained from remotely working staff and/or reduced resource availability.

Our Community

  • Roccor has become an active participant in the conversations regularly occurring in the Manufacturing community in Colorado as well as staying in regular contact with local businesses, trade organizations, and other Aerospace and Defense organizations to pool knowledge and share resources where possible.
  • We continue to emphasize the importance of connection to each other and to our community. Roccor encourages our people and our partners to continue to respond to each other with calm and rational thought, exhibiting compassion, and recognizing that we are each managing an increased level of challenges on the business and personal fronts. Be sensibly prepared and continue to move forward in all aspects that you can.