Search

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…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]


‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]


Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]


Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]