We are assuming that all this focus on executing current programs with greater efficiency and lower risk means there’s relatively slow progress on new-start [programs].”
–Doug Berenson, as quoted in National Defense
Doug Berenson, Avascent managing Director and leader of Avascent Analytics, recently hosted a live webinar forecasting the Fiscal Year 2018 DoD budget and key programs under the Trump administration. As detailed in the webinar, Avascent projected that while spending will increase, there will be a prioritizing of a larger and readier force which will limit the array of new-start programs that the DoD can initiate.
National Defense, Aviation Week and Capital Alpha Partners summarized the webinar for their readers, with National Defense noting that with these cautious projections that the key message for the defense industry is that the Pentagon is not likely to be able to afford many new starts, especially higher risk projects that are years away from production.
Read the full National Defense article here: Defense Buildup: More Money for Existing Systems, Less for Next-Generation Weapons. The Aviation Week and Capital Alpha Partners articles are available to their subscribers.
If you have questions about the projections made in the webinar, or would like to request a presentation of Avascent findings, please contact Sebastian Sobolev at firstname.lastname@example.org.
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