Tighter budgets challenge defense industry globalization

11/4/2008 | Reuters

Tighter defense budgets and likely Democratic gains in Congress could lead to greater protectionist sentiment for U.S. defense firms, according to some experts. "The sad truth is that both sides of the political aisle have been back-pedaling on globalization," says Teal Group analyst Richard Aboulafia. But Clay Jones, CEO of Rockwell Collins Inc., says budget constraints could actually boost international efforts such as the F-35 Joint Strike Fighter, which Lockheed Martin Corp. is developing with eight global partners. "If you're trying to control the rate of defense spending, the JSF arrangement makes a lot of sense," Jones says.

View Full Article in:

Reuters

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Multimedia Manager
Aerospace Industries Association
Arlington, VA
Director- Aviation, Travel and Tourism
The World Economic Forum
New York, NY
Manager, Corporate & Foundation Relations
Point Foundation
New York, NY
Director of Marketing
Safe Flight Instrument Corporation
White Plains, NY
Chief Financial Officer
Desert AIDS Project
Palm Springs, CA