Aerospace Revelations: Strategic Danger Awaiting the Second Century of Flight

23 October 2017

Each fall, I am privileged to speak at the SpeedNews AerospaceDefenseChain conference on a panel with three distinguished industry observers recurrently entitled “The Four Horsemen—Outlook and Trends Within the A&D Industry.” The title is a cheeky moniker which the panel’s… 
Read more »

Mapping Aerospace M&A

6 April 2017

In mature industries like aerospace and defense, mergers and acquisitions are primary tools of corporate strategy. As the bases of competition for product and service offerings become ever more firmly established, the race for competitive advantage increasingly relies on initiatives… 
Read more »

Playing the Long Game

15 June 2016

At the end of 2014, the CEO of naval shipbuilder Huntington Ingalls Industries, Mike Petters, delivered an address at the Atlantic Council entitled, “Playing the Long Game”. In it, Petters made the case for the chief executive’s leadership antidote to… 
Read more »

Think Small

2 February 2016

Last month, while the world’s elites were gathering in Davos, Switzerland for Klaus Schwab’s World Economic Forum, I was in Washington hosting an address by the acquisition executive of the U.S. Special Operations Command, James “Hondo” Geurts. While the setting… 
Read more »

The New Game Of Innovation In A&D

5 February 2015

Innovation is back in vogue at the Pentagon. In his last major address as Secretary of Defense, Chuck Hagel announced the Defense Innovation Initiative, challenging the defense enterprise to “pursue innovative ways to sustain and advance our military superiority for… 
Read more »

A Defense Industry For The Age Of Austerity

21 April 2014

Three years into an “age of austerity” in Western military spending, expectations are building for a new wave of mergers and acquisitions (M&A) in the defense industry like the one that followed the Cold War. Just as before, change is… 
Read more »

A Cautionary Tale Of Innovation For A&D

3 September 2012

Last month, the Wall Street Journal ran a series that offers a cautionary tale about innovation for the aerospace and defense industries of North America and Europe.  Entitled “How Japan Lost Its Electronics Crown”, the stories relate how one-time giants… 
Read more »

What’s in a Name? Not The Essence of Strategy

6 September 2011

The point of this Commentary is to contest the notion that public, private, and non-profit enterprises are so essentially different as to defeat any common approach to their strategic choices. Instead, I argue that the essential dynamic of strategy among… 
Read more »