Tag Archives: defense spending

Leonardo DRS’ William Lynn: Stable Defense Spending Could Help Industry Focus on DoD’s Priorities

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Leonardo DRS CEO William Lynn told Government Matters in an interview posted Tuesday that one of the trends he sees in the defense sector is the Pentagon's need for speed. He said the Department of Defense wants industry to deliver faster and companies should understand DoD's priorities to know where to invest and meet the department's requirements.

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Raytheon's Thomas Kennedy: Allies' Procurement of US Defense Equipment to Continue Amid Tariffs

Raytheon CEO Thomas Kennedy told CNBC in an interview posted Wednesday he believes that despite trade disputes, foreign countries will continue to procure defense platforms from the U.S. in order to safeguard their citizens' freedom and protect their sovereignty. He noted about European countries' efforts to increase their defense spending …

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Charles Woodburn: BAE to Maintain Macroenvironment-Backed Strategy Amid Rise in Half-Year Profits

BAE Systems CEO Charles Woodburn has said the company will continue to stick to its strategy that works to build up strengths and focuses on “evolution,“ Reuters reported Wednesday. “It’s very much a case of evolution not revolution,“ Woodburn told reporters Wednesday. “It’s a good strategy bolstered by the macro environment …

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Deloitte: Global Aerospace & Defense Sector's 2016 Revenue Hit $674B; Robin Lineberger Comments

A new report from Deloitte says that global aerospace and defense revenue increased by 2.4 percent to $674.4 billion during 2016. The 2017 Global A&D Sector Financial Performance Study is based on an analysis of top 100 A&D companies worldwide that recorded more than $500 million in revenues last year, the company said Thursday. …

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