Steven Grundman

Steven Grundman
Articles
Opinion: What Could Go Wrong For Aerospace Industry?  3
What the metaphor of the Four Horsemen of the Apocalypse can tell us about the industry’s future.
Opinion: Lessons From A Korean War-Era National Security Exercise  35
The Trump administration could learn about defense-industrial policy from the Eisenhower administration’s 1953 review of U.S. strategy toward the Soviet Union.
Opinion: A Map Of Aerospace Mergers And Acquisitions  6
The story line behind the aerospace industry’s grand consolidation.
Opinion: Under ‘High-Beta’ Trump Presidency, Anything Could Happen  74
Here are signposts to follow as the new administration’s choices on defense unfold.
Opinion: Defense Advice For President-elect Trump  9
The most important thing the next president can do for defense policy is revivify the debate over fiscal policy and resolve it before submitting a 2018 budget.
Opinion: How To Fix Pentagon’s Broken Acquisition System  33
Sen. John McCain’s proposed National Defense Authorization Act for 2017 would make more sweeping changes to the Pentagon than any since the 1986 Goldwater-Nichols Act.
Opinion: Can Aerospace Avoid U.S. Automakers' Mistakes?  29
What is the industry’s long-term approach to global warming, the talent chase and new competition?
Opinion: Why Defense Bulls May Be Disappointed  3
Inflation-adjusted U.S. defense spending through the end of this decade will fall off after 2016 into a sustained period of roughly level annual budgets at about $600 billion.
Opinion: Economies Of Scale Ain’t What They Used To Be  11
What do the World Economic Forum in Davos, Switzerland, and U.S. Special Operations Command have in common?
Opinion: Fictional Work Gives View Of Future Wars  5
Works in the Atlantic Council’s War Stories From the Future depict “how emerging antagonists, disruptive technologies, and novel warfighting concepts may animate tomorrow’s conflicts.”
Opinion: Apply ‘Bazaar’ Approach To Procurement 
Mix-and-match concept is becoming more prevalent among purveyors of military systems.
Opinion: How M&A Is Remaking Aerospace  2
The long-awaited restructuring is at hand, even if the economic and business logic it expresses is defying conventional expectations of how it would unfold.
Opinion: Pentagon’s Offset Strategy Needs A Big Idea 10
Robert Work: Impetus for new “offset strategy” is an urgent concern about “a steady erosion of our technological superiority that we have relied upon for so long in all our defense strategies.”
Opinion: Rethinking Innovation 2
The time is right to consider the propensity of the A&D industry to innovate and the aimpoints on which its response to the Pentagon’s call should be targeted.
Customer Preferences Are Pointing The Way For Innovators 

Last month, The Wall Street Journal ran a series of articles that offer a cautionary tale about innovation for the aerospace and defense industries of North America and Europe. Entitled “How Japan Lost Its Electronics Crown,” the stories relate how one-time giants of consumer electronics—Sony, Panasonic and Sharp—stumbled crossing the threshold from analog to digital, and now trail badly in the markets for e-readers, smartphones and next-generation televisions. What happened? Did the upstarts at Apple, Amazon and Samsung simply out-innovate the Japanese at their own game?

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