The defense industry, intellectual property, the B-21, and more with James Hasik

Jim Hasik joined me on the Acquisition Talk podcast to discuss a wide range of topics. He was a former naval officer and long time industry consultant, now with the Center for Government Contracting at GMU and Renaissance Strategic Advisers. During the episode, I ask Jim to reflect on why the Better Buying Power (BBP) initiatives rode into the sunset, how he views the proposed UTC-Raytheon merger, why there is a certain arrogance about "should cost" studies, the impact of Buy American laws such as those affecting the FFG(X) program, how we can bend the cost curve to put an end to one of Augustine's infamous laws, and what Peter Thiel meant when he said "competition is for losers." The episode also features a discussion of the B-21 Raider. Jim says there is not much publicly known about the manned bomber program, but argues that more consideration should have been given to making the system remotely piloted. He discusses the tradeoffs in platform design, and speculates on reasons why the Air Force chose to make it manned. Some issues include targeting mobile objectives, the role of culture, and survivability of remote piloting with the increasing vulnerability of space communications. Jim provides a primer in the challenges of intellectual property as well, a topic which has seen some debate and new policy rollouts in the Army. He discusses three situations in which government may need to purchase intellectual property, including for repair, modifications, and system re-buys. In such circumstances, the original system developer may gain a monopoly position, but not in the traditional sense because it is a regulated monopoly dealing with a monopsony customer (single-buyer). Jim illuminates how a fair deal can be struck because government and contractors have different time-values of money. I'd like to thank Jim for coming on the Acquisition Talk podcast. Be sure to check out his books including Arms and Innovation: Entrepreneurship and Alliances in the Twenty-First Century Defense Industry and The Precision Revolution: GPS and the Future of Aerial Warfare. He has a new book coming out from Texas A&M based on his dissertation, MRAP: Marking Military Innovation. You can find his website/blog here, and he has also been featured on defense outlets like Defense News. Here is Jim on Government Matters discussing the revolving door. This podcast was produced by Eric Lofgren. Soundtrack by urmymuse: "reflections of u". You can follow us on Twitter @AcqTalk and find more information at AcquisitionTalk.com.