Navigating Defense Budget Challenges

This chapter addresses the current gaps in defense budget transparency and the implications for industry stakeholders, particularly the missing Green Book and OMB forecasts. It explores the integrity of the defense procurement process amidst political influences and highlights the contrasting outlooks of U.S. and European defense contractors. Additionally, the chapter raises concerns about the industry's readiness to adapt to emerging technologies like AI, emphasizing the cautious sentiment reflected in recent earnings reports.