L3’s Michael Strianese: Lack of Defense Budget Visibility Harms Industry R&D Efforts

Michael Strianese

L3 Technologies CEO Michael Strianese told Defense News in an interview published Monday a lack of visibility over budgets as a result of continuing resolutions drives defense contractors to take more risks when it comes to research and development.

“Generally, we don’t build to inventory; we build to a contract,” Strianese said.

“And with the lack of budget visibility, we certainly take a much more substantial risk in building products that will not get sold.”

He also called on the government to ensure the timely passage of annual appropriations in order to provide companies the visibility to come up with plans and make R&D investments.

Strianese is due to retire as L3 CEO at the end of the year and will be succeeded by President and Chief Operating Officer Christopher Kubasik.

You may also be interested in...

Microsoft

Microsoft Launches Virtual Desktop for Azure Gov’t Customers

Microsoft has made desktop virtualization service generally available to customers of the Azure Government cloud platform in an effort to help agencies manage remote workload. The Azure Gov Team wrote in a blog post published Wednesday the Windows Virtual Desktop supports a zero-trust approach for securing remote workforce, devices, data and applications.

Matthew Bromberg

Pratt & Whitney to Study F-35 Propulsion Tech Upgrade Options; Matthew Bromberg Quoted

Raytheon Technologies' Pratt & Whitney business has received a $1.5M contract from the Department of Defense's F-35 Joint Program Office to explore propulsion system development requirements for the fighter aircraft's next configuration.

Enrique Oti CTO Second Front Systems

Air Force Vet Enrique Oti Joins Second Front Systems as CTO

Retired U.S. Air Force Col. Enrique Oti has been named chief technology officer of San Francisco-based software developer Second Front Systems.