On February 2, 2026, Federal News Network interviewed Christopher Griesedieck on a recent executive order that concerns defense companies showing that they are performing the way that the government anticipates they will. According to Federal News Network, “the broad language means boards may have to rethink how they manage delivery, oversight, and capital decisions across the whole enterprise.”
“Well, the most recent development that I saw actually came out of the Davos Forum just a couple of days ago. Treasury Secretary Scott Bessent was there and he was asked about this executive order and he said, in terms of the defense primes, they’re no different from systemically important banks and they exist at the pleasure of the United States of America to serve our national defense and they failed,” Griesedieck commented. “Those are his words, and he thinks that many of them are five to seven years behind in their deliveries. And he thinks that this new executive order, the restrictions that are in it, should be in place for two to three years or as long as it takes to reach some normalized level of backlog, is the term that he used. So it does seem like this is being taken seriously across the administration.”
Click here to access the segment.