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DRS CEO Sees ‘Fourth Defense Industrial Base Era’

DRS CEO Sees ‘Fourth Defense Industrial Base Era’
Former Deputy Defense Secretary Bill Lynn said industry should worry less about competition in platforms and focus on competition in areas including vehicles, like the amphibious assault vehicle (AAV) shown here. Photo: Navy.

Bill Lynn, chairman and CEO of Finmeccanica's U.S. subsidiary DRS Technologies, sees the United States moving into the “fourth defense industrial base era,” one marked by additional consolidation and globalization. Lynn, a former deputy defense secretary, said the defense industry is moving down the same path as the U.S. auto industry in the late 1970s and early ’80s, when it was once considered unpatriotic to drive a foreign-made car. Now, Lynn said, the auto industry has globalized so much that…

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