I see rumors here of another cut. Here is my clear-eyed assessment from the beyond. The new CFO started 8/3. He needs to get his look around and then he'll start sharpening his scalpel. This is GAC, so another big cut is not a matter of if, but when - don't kid yourself. I'd give him a quarter before he delivers the next cost reduction plan.
Here is the good news. There are good jobs out there at very solid companies less at risk of layoffs as GAC! Jobs are harder to find than a year ago from what I hear from the guys dumped in October, 2019, and take longer to land, but they are there. I'm proof.
Get your resumes in at Northrup, L3 Harris, Moog, Lockheed, Raytheon before the next cut so you get the jobs before the next glut of GAC RIFed guys hit the market. This is particularly true if you are over 40. You are in the salary and experience range GAC has a lllooonggg history of cutting loose (back to pre-2002 in my time there). If you don't have kids and other family tying you to Savannah, you'd be really short sighted to not get the heck outta there while you are in a position of strength, especially if you are at the top of your game.
Know several really great guys who survived the May RIF, saw the writing on the wall and made a move. Very smart.