FARNBOROUGH AIR SHOW: A new study by the consulting company PwC’s aerospace and defense division concludes that U.S. and European primes must look abroad for the mainstay of their profits.
As PwC’s Scott Thompson says in this exclusive interview, industry leaders also beleive controlling costs and improving their own management will be key to surviving uncertainties such as sequestration and declining European defense budgets.
Air Force picks Anduril, General Atomics for next round of CCA work
The two vendors emerged successful from an original pool of five and are expected to carry their drone designs through a prototyping phase that will build and test aircraft.