William Lynn, the former Pentagon comptroller and current Raytheon executive, is being vetted for a senior position in the Obama administration, and defense industry insiders believe that position will be deputy defense secretary.
Lynn, the senior vice president of government operations and strategy at Raytheon, was comptroller during Clinton's second term; before that he was head of the program analysis and evaluation directorate.
According to defense industry sources, he's a strong candidate to succeed Gordon England as Robert Gates' No. 2. Gates is staying; England has said he will not.