Big Small Companies: How Size Matters in Defense Contracting

February 14, 2018 - 10:30 am

1030 15th St. NW, 12th Floor
Washington, DC
THIS EVENT HAS BEEN POSTPONED


A CONVERSATION WITH
Brad Feldmann
President and Chief Executive Officer
Cubic Corporation

Andy Hove
President and Chief Executive Officer 
AM General

MODERATED BY
Steven Grundman
Senior Fellow and Director, Emerging Defense Challenges
Atlantic Council



Please join the Atlantic Council on Wednesday, February 14th, from 10:30 a.m. -  11:45 a.m. for the next event in our Captains of Industry Series, featuring the chief executives of AM General and Cubic Corporation, who will discuss the advantages and disadvantages of addressing the defense and government-services marketplace from the vantage of companies with smaller scale and more focused scope than is typical of the firms which dominate prime contracting.


The industrial structure of defense has transformed over the past quarter-century. From the array of mostly mid-scale brands made famous in the cold war there has emerged “the barbell”, a structure in which we observe a concentration of large, diversified companies juxtaposed against a diffusion of small and micro-scale specialty subcontractors. In between there lies a narrow band of “big small companies” with about $1 billion of defense sales from a tight portfolio of products and services.

Our featured speakers lead two exemplars of this class of defense contractors:

  • Brad Feldmann is the President and CEO of Cubic, which designs, integrates and operates systems that increase situational awareness for customers in transportation and defense. A former US Air Force officer, Mr. Feldmann was named “Most Admired CEO” in 2017 by the San Diego Business Journal. 
  • Andy Hove is the President and CEO of AM General, best known as the manufacturer of the HMMWV family of tactical wheeled vehicles. A former US Army officer, Mr. Hove has over 25 years of in defense and aerospace manufacturing companies including HDT Global, Mistral Group, Oshkosh Defense, BAE Systems, United Defense, and Vinnell.


The Atlantic Council Captains of Industry Series is a platform for senior executives in aerospace and defense to address the public interests their companies serve and the public policies that shape these markets. By engaging the perspective of business leaders about issues at the interface of defense ministries and industries, the series is cultivating a constituency for their practical solution.
 
Be sure to join us on Twitter by following @ACScowcroft and using #ACDefense for this event!
 





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