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A Systematic Approach To Defense Diversification, Sathappan Venkatachalam
A Systematic Approach To Defense Diversification, Sathappan Venkatachalam
Theses
The decline in defense spending has resulted in defense dependent companies seeking new markets through re-designing existing products, developing new products and restructuring their businesses. Defense diversification is defined as the process of transitioning a defense company's core capabilities (technologies, products, services) into commercial and non-Department of Defense government markets. A combination of site visits and review of the literature on defense diversification demonstrates the need for diversifying companies to adopt a systematic approach.
A concurrent new product development/product redevelopment model is proposed, based on the principles of concurrent engineering. The model consists of an eight phase development cycle and …