Home / Press Releases / PwC: Long-Term Commitment, Local Industry Cooperation Key to Int’l Defense Contracts

PwC: Long-Term Commitment, Local Industry Cooperation Key to Int’l Defense Contracts

TYSONS CORNER, VA, March 3, 2017 — PwC has urged defense contractors to build on long-term relationships with the local military and industrial bases at foreign countries to offset reduced activity in traditional defense markets due to budget constraints, ExecutiveBiz reported Thursday.

Randy Starr and Anurag Garg, aerospace and defense industry advisers at PwC’s strategy consulting business, said in a 2017 trend report that companies should adapt a country-by-country localized approach to procurement deals and tailor those programs to each market.

“Winning lucrative international defense contracts will increasingly require these long-term, knowledge-sharing commitments… [and] extensive industrial cooperation with governments and other contractors will become the price of entry into the game for all defense companies,” they wrote.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

Contact:
David Smith
(703) 226-7002
david.smith@executivemosaic.com

Check Also

Novetta, Enveil to Push Integrated Data Security & Analytics Capability; Tiffanny Gates Quoted

TYSONS CORNER, VA, June 12, 2019 — Novetta entered into a partnership with Enveil to …

Jim Garrettson, CEO of Executive Mosaic, Presents Julian Setian, President and CEO of SOS International, His First Wash100 Award

Jim Garrettson, founder and CEO of Executive Mosaic, presented Julian Setian, president and chief executive officer of SOS International, with his first Wash100 Award on Wednesday. Executive Mosaic recognizes Setian for leading acquisitions and military contracts to help grow SOSi’s client base and expand into cybersecurity, data analytics and software development. We are ecstatic to present the most coveted award in government contracting to Setian.