Textron Systems CEO Calls On Defense Industry To 'Lean Forward' As Budgets Decline

By Marjorie Censer / August 18, 2015 at 11:03 AM
Textron Systems' chief executive is urging defense contractors to more proactively adapt to tougher budget times, but says the industry also needs support from the Pentagon. Ellen Lord told InsideDefense.com in a wide-ranging interview last week that defense contractors should take a more "commercial mindset" to adjust to reduced DOD spending. Through this approach, "you look at the marketplace, talk to customers . . . and you analyze what the gaps are in capability," Lord said. "Then you invest...

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