Outgoing Leonardo DRS CEO Bill Lynn reflects on 14 years of transformation, from an Army-heavy contractor dependent on Iraq and Afghanistan conflicts to a diversified, publicly-traded defense technology company. Lynn discusses the strategic shift toward platform-agnostic core competencies, the critical role of mid-tier defense firms in maintaining competition, and his perspective on acquisition reform challenges. As John Baylouny assumes leadership on January 1st, Lynn shares insights on the evolving defense industrial base and international market dynamics.