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Trump Talks Military Modernization at Defense Roundtable; Marillyn Hewson, Dennis Muilenburg Quoted

Trump Talks Military Modernization at Defense Roundtable; Marillyn Hewson, Dennis Muilenburg Quoted - top government contractors - best government contracting event
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Trump Talks Military Modernization at Defense Roundtable; Marillyn Hewson, Dennis Muilenburg Quoted - top government contractors - best government contracting event
Marillyn Hewson

President Donald Trump has said the U.S. must continue to invest and build up the military in order to maintain the country“™s competitive edge against potential adversaries.

“We“™ve secured record funding for the armed forces,“ he said Friday during the Defense Roundtable at Luke Air Force Base in Arizona.

“The funds will support new fighter jets, ships, tanks, thousands of new recruits.“

He cited the release of the Defense Industrial Base Report this month, the need to modernize the U.S. nuclear arsenal and the $716B defense budget approved for fiscal 2019.

Lockheed Martin CEO Marillyn Hewson and Boeing CEO Dennis Muilenburg also attended the event.

Hewson provided updates on the F-35 fighter jet program and lauded the Trump administration-commissioned study on the defense industrial base.

Trump Talks Military Modernization at Defense Roundtable; Marillyn Hewson, Dennis Muilenburg Quoted - top government contractors - best government contracting event
Dennis Muilenburg

“We look at 2.4M jobs in aerospace and defense, and a trade surplus of $86B, we know it“™s important that your study that you commissioned uncovered that we do have fragility in the supply chain, we do have capabilities that we need to bolster,“ she said.

Muilenburg said the company has accelerated efforts to deliver a pair of presidential aircraft and continues to address challenges in workforce and supply chain areas.

Boeing secured a potential $3.4B contract from the U.S. Air Force in July to design, modify and certify the two presidential planes.

Muilenburg noted that the company aims to support the service“™s training needs through the new T-X trainer aircraft.

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Written by Jane Edwards

is a staff writer at Executive Mosaic, where she writes for ExecutiveBiz about IT modernization, cybersecurity, space procurement and industry leaders’ perspectives on government technology trends.

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