The major theme for the US defense sector in 2018 continues to be uncertainty. Congress remains under immense pressure to raise defense spending due to ongoing military operations, decreased readiness, and aging weapons systems. However, addressing these challenges will require Congress to pass a budget that removes the spending caps mandated by Budget Control Act of 2011, which Washington currently seems unable to accomplish.
Many US firms are poised to accomplish great things in 2018. The companies we chose to profile in this post stood out, given the strategic moves they made in 2017 and the potential implications of these decisions on their respective industries and on our way of life in 2018.
What does it mean to be a global city? TIP has been pondering this question since we were engaged to lead a team of consultants charged with preparing a new strategy for the City of Fort Worth. While there are volumes of research around this question—and no lack of opinions—we place emphasis on three areas: trade, talent, and tradition.
TIP senior partner, Jeff Marcell, was invited to participate in the City of Buenos Aires’s Global Districts Summit. Jeff shares his thoughts on the conference and the lessons learned from Buenos Aires’s innovation districts. He also shares recommendations for the future of the districts, made by himself and a delegation of other economic development professionals from the US.