On cash

EnergySource
Nov 14, 2024

Europe’s new industrial plan faces formidable obstacles

By
Andrei Covatariu

European Commission President Ursula von der Leyen has promised to put forth in her second term a new Clean Industrial Deal to mobilize investment in infrastructure and industry, and reduce dependence on energy imports. But energy supply challenges and geopolitical hurdles risk undermining plans to restore Europe’s industrial competitiveness.

Defense Industry
Energy & Environment

On cash

New Atlanticist
Oct 30, 2024

In defense of Draghi’s defense idea: Three models for a centralized defense procurer for the EU

By
Thomas Goldstein

Only a European defense procurer can provide the institutional reform to overcome intra- and intergovernmental paralysis and invest at scale.

Defense Industry
Defense Policy

On cash

New Atlanticist
Oct 28, 2024

The US needs a stronger defense industrial base. Option contracts can help.

By
Michael Hogan

The US government would pay a premium on current orders, but it would then have the option to purchase a larger amount within a fixed timeframe.

Defense Industry
Defense Policy

Content

Defense Industrialist

Aug 22, 2016

On cash

By James Hasik

The Pentagon’s billion-dollar cash advance to Lockheed Martin is just a cost of doing business in a trillion-dollar program. Lockheed Martin’s billion-dollar cash advance is by now big news—or not so big news against the backdrop of a bigger program. As Defense News and others reported over a week ago, the Pentagon recently sent its […]

Defense Industry Economy & Business

Defense Industrialist

Aug 19, 2016

The mutually assured destruction of the Airbus-Boeing rivalry

By James Hasik

The ongoing sagas of the KC-46 and A400M are a reminder of how military-industrial hubris is bad for both business and government. On Breaking Defense this morning, Colin Clark notes that Boeing has just won “$2.8 billion for KC-46 tanker low rate production.” That’s good news. As multiple reporters have written this year, the company has […]

Defense Industry Economy & Business

Defense Industrialist

Aug 18, 2016

Supplier of the year, or big supplier of the year?

By James Hasik

The Pentagon’s “Superior Supplier” rankings need an overhaul For Inside Defense, Jason Sherman wrote three articles at the beginning of the month about the “Superior Supplier” rankings at the Army, Navy, and Air Force Departments. The assessments are undertaken “on a contract-by-contract basis” by individuals acquiring the actual goods and services, and thus “reflect customer […]

Defense Industry Entrepreneurship

Defense Industrialist

Aug 17, 2016

On battlecruisers, blockades, and Donald Trump

By James Hasik

Whatever administration takes office, the US needs to better match its procurement plans to its operational strategies. Writing this week for Chatham House, Julianne Smith, Rachel Rizzo and Adam Twardowski find that one military topic on which Donald Trump may offer views significantly differing from those of the other presidential candidates is procurement. In their […]

China Conflict

Defense Industrialist

Aug 11, 2016

A modest arms sale of obsolete aircraft to India?

By Danny Lam

There may be more to Lockheed’s made-in-India deal than first meets the eye. The US Air Force and those of other NATO countries are phasing out F-16s much sooner than anticipated. This implies that performance of F-35s has met expectations, and that there are no obvious show-stoppers to ramping up production as fast as budgets […]

China Defense Industry

Defense Industrialist

Aug 8, 2016

Don’t let pre-decisional become the enemy of good enough

By James Hasik

Early discussions between the military and industry are essential for finding financially sustainable ways of war. It’s a pretty big mess when the service secretary hasn’t heard about the latest procurement programs—which means that they’re maybe not really procurement programs. They’re at best, as Deborah James recently said with that awkward Washingtonian word, “pre-decisional.” As […]

Defense Industry Drones

Defense Industrialist

Aug 3, 2016

A Franco-Polish-German tank

By James Hasik

The Polish Defense Minister’s interest in a trilateral development program is sound in many dimensions. For Defense News today, Aaron Mehta, Pierre Tran and Jaroslaw Adamowski report how the Polish Army is edging closer to getting new tanks. During an interview back on July 22, Polish Defense Minister Antoni Macierewicz told the reporters that his […]

Defense Industry Europe & Eurasia

Defense Industrialist

Aug 2, 2016

How soon is too soon for new weapons?

By James Hasik

Historical perspective should inform the aims of the Pentagon’s Third Offset strategy.  RAND has just released a public version of its study War with China: Thinking Through the Unthinkable (hat-tip to Council member Byron Callan for bringing that to my attention). For the Army, which sponsored and took in the report last year, authors David Gompert, Astrid Cevallos, […]

Defense Industry Defense Technologies

Defense Industrialist

Jul 28, 2016

Dry powder on stormy seas

By James Hasik

Several large contractors’ quarterly results may indicate a state change in their treatment of investable cash. For about fifteen years now, defense contractors have been reliably generating piles of cash. What to do with all that money? Assuredly, as I wrote in 2013, something with an incentive behind it—and that hasn’t meant investment. Back then, […]

Defense Industry Security & Defense

Defense Industrialist

Jul 24, 2016

Starting with the answer in procurement

By James Hasik

The USAF’s plans for new close support aircraft show an unusual willingness to move out quickly. Earlier this week, the Atlantic Council and other institutions around Washington were briefed on how the Air Force plans a two-phased approach to the recapitalization of its close air support (CAS) fleet. In the next two years, the USAF […]

Defense Industry Economy & Business
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Experts

Fellow

Hannah Hunt

Nonresident Senior Fellow

Forward Defense Scowcroft Center for Strategy and Security

Defense Industry Defense Technologies

Fellow

Owen J. Daniels

Nonresident Senior Fellow

Forward Defense Scowcroft Center for Strategy and Security

Defense Industry Defense Policy

Fellow

Tom Mancinelli

Nonresident Senior Fellow

GeoStrategy Initiative Scowcroft Center for Strategy and Security

Defense Industry Defense Policy

Staff

Alexander Young

Project Assistant

Forward Defense Scowcroft Center for Strategy and Security

Defense Industry Europe & Eurasia

Fellow

Jongsun Kim

Nonresident Senior Fellow

Forward Defense Scowcroft Center for Strategy and Security

Defense Industry Defense Policy

Fellow

Justina Budginaite-Froehly

Nonresident Senior Fellow

Europe Center Transatlantic Security Initiative

Defense Industry European Union
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