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  • Ellen Lord: Textron Systems Eyes Change in Defense Market Picture - top government contractors - best government contracting event
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    Ellen Lord: Textron Systems Eyes Change in Defense Market Picture

    Ellen Lord, president and CEO of Textron Systems, said last week the company is investing in technology and talent development in order to stay competitive amid market and fiscal pressures. “We have the ability to scale, and we have a commercially minded workforce,” Lord told an Atlantic Council-hosted event. Marjorie Censer writes that Lord predicts that […] More

  • Arnold Punaro: Sequestration Likely to Result in Greater Defense Consolidation - top government contractors - best government contracting event
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    Arnold Punaro: Sequestration Likely to Result in Greater Defense Consolidation

    Arnold Punaro expects the defense industry to see greater consolidation as a result of sequestration cuts to the Pentagon budget, he told the Washington Post in a story published Monday. Marjorie Censer writes Punaro, the newly-appointed chairman of the National Defense Industrial Association‘s board of directors, also told the newspaper in an interview that the sector prepared […] More

  • BAE to Sell Stake in Int'l Defense Joint Venture; Dean McCumiskey Comments - top government contractors - best government contracting event
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    BAE to Sell Stake in Int’l Defense Joint Venture; Dean McCumiskey Comments

    Mahindra and Mahindra will buy BAE System's 26 percent stake in the defense joint venture, Defence Land Systems India, according to a Business Standard article. Currently, Mahindra owns 74 percent of DLSI while BAE controls the remaining 26 percent which is in accordance with India’s foreign direct investment policy for defense businesses. According to the article, both parties agreed […] More

  • Global-warming Study Applies Defense Risk-Management Approach - top government contractors - best government contracting event
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    Global-warming Study Applies Defense Risk-Management Approach

    A study on global warming, released this week by nonprofit organization E3G, recommended governments take a risk-management approach in the same way they approach defense-related issues. “Degrees of Risk: Defining a Risk Management Framework for Climate Security” concluded a less partisan, more scientific and analytical approach than current methods is more effective in combating global […] More

  • Northrop Grumman CEO Ronald Sugar set to retire - top government contractors - best government contracting event
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    Northrop Grumman CEO Ronald Sugar set to retire

    Northrop Grumman has just announced that Chairman and Chief Executive Ronald Sugar, who’s been in his current role since 2003, will retire June 2010. Sugar will be replaced by Wesley Bush, 48, who joined the company in 1987 and currently serves as president and chief operating officer. Sugar is 61 years old, still below Northrop’s […] More

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