Join us TODAY Thursday, June 15 at 2 PM EDT for the first of a series of "Blackbook"-type calls that will examine the overall US Defense Budget environment and specific defense industry subsectors.
Three themes underlie the Pentagon budget environment that already constitutes 53% of all discretionary Federal spending:
- There is an inexorable demand for recapitalization of the nation's big ticket procurement programs and restoration of readiness for near-peer competition after 16 years of counterinsurgency/counterterrorism warfare. Bills must be paid.
- Although first among equals, Defense must compete for resources within a discretionary topline constrained by law and fiscal reality.
- While some expectations are too high, in the end, more $ will come
In this series, LtGen Emerson "Emo" Gardner USMC Ret., Hedgeye Senior Defense Advisor and former Secretary of Defense Bob Gates' "go to guy" on Pentagon spending, will analyze these three themes, discuss the Pentagon's proposed budget and some specific implications for major defense companies (LMT, BA, GD, HII, NOC, RTN, etc).
CLICK HERE for event details (includes video link, materials link and dial-in)
Participating Dialing Instructions
Toll Free:
Toll:
UK: 0
Confirmation Number: 13663723
