Summit Notebook

Exclusive outtakes from industry leaders

AUDIO – Deal making is back! (Um, maybe…)

Photo

There might not be the enthusiasm of a couple of years ago, but some deals in the defense sector might actually get done, according to Thomas Captain, head of Deloitte‘s aerospace and defense group.

Speaking at the annual Reuters Aerospace and Defense Summit in Washington, Captain said there were three possibbilities for deals that he sees in the near future.

While there seems to be little room (and even less money) for a huge, groundbreaking deal, Captain said there will be some opportunities for things to buy.

Captain gave a number of scenarios, including that European companies might want to make niche buys of U.S.-based shops and also, that despite currency concerns, U.S. companies still see some room to expand outside their borders.

AUDIO – Whither F-22?

Photo

In a time of shrinking budgets and fears for the future, one of the biggest questions of this year’s Reuters Aerospace and Defense Summit was what will happen with the F-22 fighter jet that is made by Lockheed Grumman.

Lockheed Chief Executive Robert Stevens is really the guy we wanted to ask that question and he didn’t shrink from giving a pretty full defense of the jet.

AUDIO – Finding value in tough times

Photo

Executives at this year’s Reuters Aerospace and Defense Summit almost uniformely said that finding critical, and rather immediate, value in mergers and acquisitions was especially important now in a climate of less money available for financing.

But opportunities do exist and can be found after careful hunting, said Alex Dorrian (heard first in this clip), CEO of Thales UK and executive vice president of International Operations for Thales Group worldwide, and Allan Cameron, chairman and CEO of Thales North America.

AUDIO – Teddy Roosevelt had it right

Photo

The world is a more dangerous place because of the global economic meltdown, according to Northrop Grumman Chief Executive Ronald Sugar, whose company provides specialized aircraft, radar and other electronics to meet that threat.

Sugar was the kick-off speaker at the annual Reuters Aerospace and Defense Summit on Monday in Washington, D.C.

  •