With President-Elect Obama slated to take office on Jan. 20, 2009, questions are looming as to the direction the new President and his staff are prepared to take U.S. defense and homeland security. Under the Bush Administration, defense spending reached unprecedented levels due in part to wartime supplemental spending. Both the defense and security industries have grown accustomed to these high spending levels and are now concerned about the potential for significant changes in defense and security policies and spending. Moving forward into 2009 and beyond, it will be imperative for prime defense and security contractors and their suppliers to have a thorough understanding of the next administration’s plans for securing the U.S. both domestically and abroad. This will include having insight into future defense and security spending trends and understanding which programs will be top priorities and which ones will be cutback in the next four years.
Industry Analysts, David Fishering and Lindsay Voss will discuss DHS and defense budget forecasts, key industry trends, policies to be implemented by the new administration and challenges it will face, as well as strategic recommendations for industry.