Northrop Grumman CEO Wes Bush has been making headlines lately—starting with the Aviation Week Network in late April—on why Western defense contractors, namely his, should punch up their research and development (R&D) spending. Since he is the senior captain of the U.S. defense industry, when Bush says something, Wall Street and the Pentagon listen. It is probably music to Pentagon officials’ ears. They have been warning for years that the U.S. military risks losing ...

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