After five years of drawdown, two questions have loomed large: “When will defense contracting hit bottom?” and “Are future capabilities being preserved despite the current drawdown?”
The Defense-Industrial Initiatives Group hosted a panel discussion with current and former government and industry experts on bid protest procedures and the impact on the acquisition process.
Frank Kendall’s comments after Lockheed Martin purchased Sikorsky that alluded to significant policy concerns with defense industry consolidation at the higher tiers of the supply chain set off alarm bells, not just at Lockheed Martin headquarters in Bethesda, but in defense industry C-suites around the country. Most notable was his reference to potential legislative changes that would add national security concerns to the matters considered during antitrust reviews.
The new global innovation environment requires an expanded set of tools and processes to realize the gains of the global technology innovation revolution by leveraging this “outside innovation.” Ultimately to succeed, the Department of Defense must be a proactive participant in harnessing the power of the market and the “global brain.”