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Report: Defense Execs See Potential Business Opportunities in Hypersonics

Report: Defense Execs See Potential Business Opportunities in Hypersonics - top government contractors - best government contracting event

Report: Defense Execs See Potential Business Opportunities in Hypersonics - top government contractors - best government contracting eventSome defense industry leaders have identified hypersonic weapons as a potential growth driver for their companies as the Defense Department boosts its spending on hypersonic-related development programs, National Defense reported Wednesday.

Lockheed Martin CEO Marillyn Hewson said the company considers hypersonics as one of the “key providers of growth opportunities in the future“ and that its Skunk Works business will be a “vital incubator“ for the technology.

Tom Bussing, vice president for advanced missile systems at Raytheon, said the company has made an investment worth approximately $150M in hypersonic tech development work.

He also announced in July that Raytheon is in talks with DoD about a contract for a new tactical boost glide platform.

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