Top executives at some of the largest federal contractors said Wednesday they are readying for a new presidential administration and are expecting an increased focus on readiness. Tom Kennedy, chief executive of Raytheon, said during a Credit Suisse conference in Palm Beach, FL, that he expects the incoming administration to increase defense spending, particularly focusing on readiness and Third Offset work. "What I see this administration doing is, No. 1 is solving the readiness issue," Kennedy said. "And No. 2...
