Tag Archives: Mike Petters

Mike Petters: Gov’t Should Give Industry ‘Clear Signals’ on Future Budget Plans

Huntington Ingalls Industries CEO Mike Petters said that industry needs “clear signals” from the government to determine the focus of new investments as contractors work to drive down long-term costs, Reuters reported Monday. Petters said that continued budget uncertainty and other Defense Department priorities prevent vendors from investing or pursuing research on new technologies or processes, Andrea …

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