Loren Thompson Quotes
The barriers to entry in defense are created not so much by capital requirements as the government's regulatory regime. There are so many compliance requirements and rules that it's just difficult for small companies to shoulder the administrative burden. It's hard to even have the expertise to know when you're in compliance with the rules.
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Barriers | Entry | Defense | Created | Capital |
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The British are going to spend billions on this, and they're concerned they won't really understand the technology of what they're buying. They don't want to be treated like a Third World arms dealer. They're saying, ' If you can't trust us, how can we trust you?
- Loren Thompson
