BAE Systems announced today that defense-industry veteran Gerard (Jerry) DeMuro will succeed Linda Hudson as President & CEO of the company’s $12 billion U.S. business. BAE Systems, Inc., as the unit is called, is one of the Pentagon’s top suppliers and a leading player in electronic warfare, digital networks, armored vehicles, intelligence collection, and high-end technical services such as cybersecurity. The General Dynamics group that DeMuro ran for ten years operated in similar markets, increasing revenues and returns 125% during his tenure. DeMuro is thus well-suited to heading the BAE business, and will need little on-the-job training from outgoing CEO Linda Hudson (whom he has known since 1999). I have written a commentary for Forbes explaining why DeMuro is an inspired choice to lead Inc., which you can read here.
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