Defense Acquisition

After 14 years leading Leonardo DRS through significant transformation, outgoing CEO Bill Lynn recently sat down to reflect on the company’s evolution and the broader defense industry landscape. Lynn, who arrived in 2012 fresh from serving as deputy secretary of defense under President Obama, is handing the reins to Chief Operating Officer John Baylouny on January 1st. When Lynn took the helm, DRS faced a precarious situation. The company was heavily dependent on military operations in Iraq and Afghanistan, and as those conflicts wound down, revenues dropped precipitously. The company had been acquired by Italian firm Finmeccanica (now Leonardo) years earlier, burdened by an overly complex security structure that magnified the revenue challenges.

Australia Launches “Biggest Reform in 50 Years” for Defense Acquisition System AUSTRALIA is undertaking a comprehensive restructuring of its defense acquisition framework, with Defense Ind...

WASHINGTON — The Government Accountability Office has raised serious concerns about the Coast Guard’s Offshore Patrol Cutter program, warning that construction has begun on new vessels before de...

WASHINGTON - The U.S. Navy announced a major strategic pivot today, terminating the final four ships in the Constellation-class frigate program as part of a comprehensive effort to reshape naval acquisition and modernization priorities. Navy Secretary John Phelan made the announcement via social media, stating: “From day one I made it clear: I won’t spend a dollar if it doesn’t strengthen readiness or our ability to win. To keep that promise, we’re reshaping how we build and field the fleet-working with industry to deliver warfighting advantage, beginning with a strategic shift away from the Constellation-class frigate program.”