Summit Notebook
Exclusive outtakes from industry leaders
AIA CEO Blakey says she’s got Jet-A in her veins
Aerospace Industries Association Chief Executive Officer Marion Blakey says when she started working on aviation issues earlier in her career she was hooked.
She has held a number of prominent positions in Washington that emphasized transportation and safety.
“If you sort of want to look at the thread, that’s the thread,” Blakey said in an interview at the Reuters Aerospace and Defense Summit.
“And it took me into aviation. And you get Jet-A in your veins and it’s over,” she said with a laugh. (For those not in the know Jet-A is jet fuel.)
EADS O’Keefe sees corporate life similarities to government, academia
He’s been head of NASA, the Navy, and Louisiana State University and spent practically his whole professional life in either government or academia.
So when it came time for the next step on a varied career path, Sean O’Keefe broke from the past and chose the corporate route.
Since Nov. 1 he has been EADS North America’s chief executive officer and seems quite comfortable in just six weeks rattling off the company’s position on 373 requirements for a Pentagon tanker contract.
In an interview at a Reuters Aerospace and Defense Summit, O’Keefe said he found similarities among the corporate, government and academic sectors.
Would you send a postcard of Boeing’s new Dreamliner?
For some fans, Boeing’s first test flight of its new 787 Dreamliner this week was apparently a virtual postcard.
The aerospace company says people sent about 25,000 postcards electronically of the lightweight commercial plane made primarily from carbon-based plastics and titanium.
About 1 million people logged in to watch the take-off and landing, observing the long-delayed first flight from about 13,000 cities and about 200 countries, the company says.
Goodrich CFO saw transformation from tires to aerospace
Goodrich Corp. Chief Financial Officer Scott Kuechle recalls when he first started at the company about 25 years ago the firm was mainly in tires, commodity chemicals and industrial products. Aerospace defense was a “very small” component buried in its industrial business.
“It was really visionary by some of the leaders back then to understand what of those industries were really going to survive and thrive in the next generation of workers and where the economy was going,” he said in an interview at a Reuters Aerospace and Defense Summit.
“And they had the foresight to basically sell off about 90 percent of the company and reinvest that along the way in the areas that actually could grow and could be sustainable long term,” Kuechle said. “It was an incredibly gutsy move to take the core of the company and basically reinvent it along the way.”
Kuechle called the transformation exciting to watch and described it as “an underappreciated reinvention of an American company.”
Rockwell Collins CEO: ex-fighter pilot sees need for pilotless aircraft
On the surface, it would appear that a fighter pilot would have little interest in a remotely piloted aircraft, which more and more are being used in wars for reconnaissance and firing missiles.
It isn’t too big a leap to wonder whether in the future perhaps drones will take away jobs from fighter pilots.
But Rockwell Collins Chief Executive Officer Clay Jones, a former fighter pilot, says there is room for both.
“Technology marches on. Obviously I have a great affinity for keeping a human in the loop. And I think a human will always be in the loop in some aircraft because there are certain missions that require a human to make judgments, and to do what only a human being can do, in the say heat of battle,” he said in an interview at the Reuters Aerospace and Defense Summit.
L-3 chief Strianese: “I was not born a CEO”
The Chief Executive Officer of L-3 Communications says he’s a “city kid” from New York who worked his way up from loading trucks in the Bronx as a college student to being in charge of a large U.S. defense contractor.
And so he takes exception when people demonize CEOs just for the sake of it.
“We went though a period of time where CEOs were cast as the villains of the earth,” Michael Strianese said in an interview at the Reuters Aerospace and Defense Summit.
“And I found that very troubling since I worked my entire life from loading trucks in Hunts Point in the Bronx when I was in college, to doing my homework on the subway. ”
A drone by any other name…
The drone that was formerly known as the unmanned aerial vehicle (UAV) has a new name — the Remotely Piloted Aircraft (RPA).
Air Force Secretary Michael Donley said Air Force leadership discussed it and made a commitment to use the new term, although it does take some getting used to. “The more we use it, the more comfortable we get with it,” he said in an interview at a Reuters Aerospace and Defense Summit.
There was a reason for the name change. “To recognize more clearly that these systems are not unmanned, that there is a pilot, there is a sensor operator,” Donley said.
The Air Force wants to impress on the Federal Aviation Administration and the aerospace community that manages the air in the continental United States “that we’ve got positive control over these vehicles,” Donley said.
WIll people get confused and think a remotely piloted vehicle may be something the bomb squads use? Maybe it should be remotely piloted aerial vehicles.
Pratt and Whitney’s Hess: corporate jets got bad rap
Pratt and Whitney President David Hess says corporate jets got a bad rap from Washington and the rhetoric hurt the industry.
Remember the furor over automakers arriving for congressional hearings late last year in corporate jets to ask for bailouts? And how President Barack Obama and his administration was publicly angry that Citigroup was purchasing a $50 million plane while receiving government funds from the Troubled Assets Relief Program.
Well all of the rhetoric hurt the corporate jet industry, Hess said in an interview at a Reuters Aerospace and Defense Summit.
“Some of the criticism of the business jet industry was very unfortunate early this year. That’s a great industry that employs hundreds of thousands of people in the U.S.,” Hess said. Companies that make corporate jets have lost jobs and their suppliers have been affected like Pratt and Whitney Canada which is expected to see engine deliveries down about 20 percent this year, he said.
Boo Hoo Mr. Rich guy.
If these people can’t handle their job, I know a few million unemployed people who would love to take their jobs, salary, and bad rap for you!
Lockheed CEO: “Not miffed” over Obama nixing presidential helicopter
President Barack Obama was quite blunt earlier this year about a new fleet of presidential helicopters being built by Lockheed Martin Corp., citing it as an example of the procurement process “gone amok.”
And he axed the program, forcing the defense contractor to stop development of the helicopter in mid-air, so to speak.
But Lockheed Chief Executive Officer Robert Stevens says no hard feelings.
“I am not miffed at the president,” he said in an interview at the Reuters Aerospace and Defense Summit.
Reuters Aerospace and Defense Summit 2009 Liveblog
As President Barack Obama sends more troops to Afghanistan, and the Pentagon is expected to increase orders of armored trucks, helicopters, ammunition and other weaponry, Reuters specialist journalists are talking to some of the biggest names in the aerospace and defense industries.
Among those who will be speaking to us this coming week: Lockheed Martin CEO Robert Stevens, US Air Force Secretary Michael Donley, and L-3 Communications Holdings CEO Michael Strianese.












Who would have guessed it? When the rubber meets the road, the big money’s in selling to the Government no-bid means of inflicting disaster on defenseless nations. Surprisingly, it took an MBA 25 years to figure this out.
Way to instant profitability, yo. Good for the People and the Economy? Not so.