William Lynn, CEO of Finmeccanica North America, has told Defense News in an interview the business reorganized itself in order to bolster its presence in the domestic and international defense and aerospace markets.
The publication reports Lynn, also CEO of Finmeccanica subsidiary DRS Technologies, said Finmeccanica NA’s strategy is to operate as an industrial conglomerate and compete in the same space as much bigger contractors.
Lynn also noted that DRS focuses on work for military programs involving ballistic missiles and network computing.
“For a company like DRS, I am more interested in capability-based planning than in scenario-based planning,” he told the publication when asked about DRS’ position on the U.S.’ strategic pivot to Asia.
He also explained the difficulty for companies like Finmeccanica to invest in research and development programs with the fiscal uncertainty that still exists.
“You do not know whether you are going to get a return on that investment or not,” Lynn added.