Tag Archives: defense industry

General Atomics’ David Alexander: IP Theft ‘Detrimental’ to National Security

David Alexander, president of General Atomics’ aeronautical systems business, has lauded and expressed support to President Donald Trump’s commitment to counter the theft of U.S. intellectual property. “The U.S. defense industry has certainly been subject to these aggressive actions and intellectual property theft has been extremely detrimental to U.S. national …

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Pentagon Leaders, Trade Associations Discuss Defense Industry’s Environment

Defense Secretary Ashton Carter and Pentagon acquisition chief Frank Kendall met with three defense trade associations in an effort to understand and address issues that affect the aerospace and defense industry. CEOs and senior executives from the National Defense Industrial Association, Aerospace Industries Association and the Professional Services Council discussed acquisition …

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A&D Industry Vet Mike Greenley Joins L-3 as WESCAM Subsidiary President

Mike Greenley, formerly vice president and general manager of CAE‘s Canadian operations, has been named president of L-3 Communications‘ WESCAM subsidiary. He will be based at the WESCAM headquarters in Ontario, Canada, and report directly to Jeff Miller, president of L-3’s integrated sensor systems sector, L-3 said Tuesday. Greenley was responsible for the general …

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Lockheed EVP Rick Ambrose to Speak at Atlantic Council’s ‘Captains of Industry Series’

The Atlantic Council‘s Captains of Industry Series will feature Rick Ambrose, a Lockheed Martin executive vice president, in its next event on June 8, 2016. The Council said that Ambrose will hold a discussion on Lockheed’s opinion in the evolving space sector. The Captains of Industry Series showcases aerospace and defense industry senior executives and their opinions on matters that …

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Raytheon’s Dave Wajsgras Urges Increased Cyber Investment Following OPM Breach

Dave Wajsgras, president of Raytheon‘s intelligence, information and services businesses, has urged the government and private sector to boost investments in cybersecurity following the recent Office of Personnel Management data breach, Reuters reported Thursday. Andrea Shalal writes that the Raytheon executive has joined other defense industry leaders in calling for …

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Bluestone Capital Partners: Defense Sector to Start Recovery in 2015

A new report by Bluestone Capital Partners indicates an improving market performance for the defense industry in 2015 after almost five years of being outperformed by the aerospace industry. The company said that businesses in the aerospace and defense sector with significant defense exposure have achieved a median trading multiple of at least 10-times earnings before interest, …

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