Certain World Events Have Defense Contractors Looking for New Business Outside the U.S.

National Security & Defense attorney Daniel Sennott was featured on an episode of the Federal News Network's The Federal Drive with Terry Gerton podcast, where he talked about the current state of the defense industry and where companies are seeing opportunities for new avenues of revenue. Mr. Sennott noted the strength of the defense sector in the U.S., highlighting projected spending increases for the U.S. Department of Defense and millions in reconciliation bill funding for the defense industrial base. He additionally described geopolitical factors, including the wars in Ukraine and the Middle East, that have triggered defense technology research and development in drones and autonomous systems as well as pointed out other areas of engagement in Asia. The conversation also touched on the role of commercial companies and private capital in producing cutting-edge technology and shaping the federal and global markets.

Duration: 11:44