US, foreign defense industries seek new business here and abroad

Wednesday - 2/12/2014, 6:47pm EST

Pentagon Solutions

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Discussions of the defense industrial base usually focus on U.S. companies. But U.S. companies are looking at overseas markets more and more, and overseas companies are finding ways to do business in this country. Former Deputy Secretary of Defense Bill Lynn is chief executive officer of DRS Technologies. He was Francis Rose's guest on Pentagon Solutions. Lynn and Adm. James Stavridis are co-chairs of the Task Force on Strategy, Technology and the Global Defense Industry organized by the Center for a New American Security. Lynn explained what the task force will undertake.