Opinion: New Rules For Defense Under Trump?

Credit: Rebecca Nowalski/Polaris/Newscom
For U.S. defense companies, value creation in the past 10-15 years has been achieved mainly by return of cash flow to shareholders, margin and cash-flow maintenance via head-count reduction and, for some, facilities consolidation, international growth and program execution. Growth investors have...
Byron Callan

Contributing columnist Byron Callan is a managing director at Capital Alpha Partners in Washington.

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