With about $40 million a year to spend, the agency’s Convergent Aeronautics Solutions project has so far funded 15 subprojects in three annual selection rounds.
Expect the trade deal to loom large after the election as the A&D industry is offers full support, despite opposition from both U.S. presidential candidates.
Small and midsize enterprises, with revenue measured in tens or hundreds of millions of dollars, are expected to dominate the M&A and deal-making circuit this year.
U.S. national security relies on forward presence in many ways big and small. Technology and defense ambassadorial outposts like DIUx are simply the latest edge of the spear.
Aerospace and Defense is confronting human-replacing advances such as digitization, 3-D printing, automation, artificial intelligence, cloud computing and connectivity, all of which are likely to reduce jobs in the industry.
The big consumer electronics show in Las Vegas recently drew A&D eyeballs with chatter over autonomous cars, UAVs and the technology tie-in with the Pentagon’s Third Offset.
Through partnerships and investments, defense primes and OEMs are increasingly turning the page away from the old playbook of acquiring and subsuming new technology.
After the LRS-B award, many industry observers are waiting for another shoe to drop when it comes to M&A or divestitures. They could be waiting in vain.
Dec. 11 is close to Christmas and ought to bring tidings of good cheer. But as the new “fiscal cliff” deadline approaches, it could feel a lot more like Halloween.