Current and near-term defense budgets in the U.S. have created a period of strong growth for the defense industry, particularly in areas such as situational awareness, survivability, secure networks and communications.  While the Navy is building more ships and modernizing its existing fleet, Army modernization efforts are focused on combat networking, ground vehicle survivability, soldier… Keep reading →

This is a sponsored series. Frederick Lisy is president of Orbital Research Inc., which conducts research on and product development of medical devices and military weapons technology. Founded in 1991, this small company of 16 employees has been contracting with the Department of Defense for more than 20 years, mainly with the U.S. Army, U.S.… Keep reading →

After three years of the “age of austerity” in Western military spending, investors’ imperatives and corporate strategies show one indication of how the defense-industrial base will evolve over the next decade. Investors want public companies that demonstrate an attractive risk-adjusted total return, not just M&A-fueled arbitrage plays. In response, companies are husbanding or harvesting their financial… Keep reading →