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Defense industry growing leaner

A new generation of defense industry leaders is using social media tools, leaner management structures and even shared sports activities to create a more collaborative and efficient workplace. Reuters reports, facing a downturn in defense spending and the Pentagon's aggressive cost-cutting drives, the industry is in a period of intense change. Companies are shifting gears to focus on new technologies like cybersecurity and unmanned planes as they try to become more efficient and in synch with rapidly evolving threats. Many companies have appointed new leaders who are changing the culture of an industry once dominated by strong personalities like Harry Stonecipher at Boeing Co and Tom Jones, the maverick who piloted Northrop Co's rise to become one of the hottest defense contractors of the 1980s.

Tags: Pentagon & Beyond , pentagon , Boeing , J.J. Green

Monday - 09/13/2010, 08:55pm EDT