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1 DEFENSE-2016/12/05 THE BROOKINGS INSTITUTION FALK AUDITORIUM INVESTING IN THE FUTURE OF U.S. DEFENSE DURING A TIME OF TRANSITION AT HOME AND ABROAD Washington, D.C. Monday, December 5, 2016 PARTICIPANTS: Moderator: MICHAEL O’HANLON Senior Fellow and Co-Director, Center on 21st Century Security and Intelligence The Brookings Institution Featured Speaker: ROBERT O. WORK Deputy Secretary of Defense U.S. Department of Defense Panel: ALAN EASTERLING Corporate Director, Strategic Development Northrop Grumman WILLIAM LYNN Chief Executive Officer Leonardo North America and DRS Technologies, Inc. KELLY MARCHESE Principal Deloitte Consulting LLP * * * * * ANDERSON COURT REPORTING 706 Duke Street, Suite 100 Alexandria, VA 22314 Phone (703) 519-7180 Fax (703) 519-7190 2 DEFENSE-2016/12/05 P R O C E E D I N G S MR. O’HANLON: Well, good afternoon, everyone. Welcome to Brookings. I'm Michael O'Hanlon with the Foreign Policy Program, and I have the real distinct honor of hosting Deputy Secretary of Defense, Robert Work, today. Very glad to have all of you here as well. We will have a discussion up here, the two of us, for a while, then involve you in some questions, and after that part one has ended and Secretary has departed, then we'll bring up the panel to discuss more about the topic of today, which is, as all of you know, innovation in DOD, but specifically, the issue of the third offset, and many other concepts and issues and programs that surround it. And we'll get into anything else, and we'll go in different directions, as well, but that's where I want to begin anyway.
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