Crain's Detroit Business - 25th Anniversary Issue, May 3, 2010 - (Page E47)

May 3, 2010 CRAIN’S DETROIT BUSINESS Page E47 25 Years of Change: Defense Defense Milestones From Previous Page growth is tied to urgently needed Mine-Resistant Ambush Protected vehicles, or MRAPs, which are more resistant to improvised explosive devices used against Strykers and other armored vehicles in Iraq. BAE Systems establishes a local office of its Global Tactical Systems division, and a part of its Electronics, Intelligence & Support division arrives in 2003. 2003: Formal launch of Future Combat Systems, a massive 12-year Army weapons technology modernization program, with Chicago-based Boeing Co. as lead systems integrator and GDLS and BAE splitting the $87 billion Manned Ground Vehicles program, to field a family of new tracked armored vehicles sometime after 2015. Defense Secretary Robert Gates announced in 2009 that MGV was one of at least eight defense programs that would end or face elimination by this year. A new Army program executive office is taking proposals for the Ground Combat Vehicle, a successor vehicle project. Ann Arbor-based Altarum Institute spins out its Enterprise Solutions Division, which handles defense research applications, into new subsidiary NewVectors L.L.C., in order to focus the parent company resources on health care. Altarum goes on to sell NewVectors to Troy-based TechTeam Global Inc. for more than $34 million, and TechTeam makes it part of its Government Solutions division in Virginia. 2006: The Michigan Economic Development Corp. announces it has formed what later becomes the Defense Contract Coordination Center to coordinate defense contractLott ing for small and midsized businesses. Retired Gen. Bradley Lott becomes direc- tor in 2007, and Col. James Braden replaces him in late 2009. The nonprofit Michigan Homeland Security Consortium is also formed as a business development organization for Michigan companies with homeland security applicaBraden tions. 2008: GDLS and BAE obtain incentives worth more than $40 million to invest more than $60 million and add more than 950 new jobs over the next 12 years; both companies have since reported meeting most of their required benchmarks through job additions. The Macomb-Oakland University Incubator, aiding mainly defense- and homeland security-themed startup businesses, opens at the former Venture Industries building on 15 Mile Road in Sterling Heights and relocates to the former site of Transpec Worldwide, north of 14 Mile, in summer 2009. Business & Talent. Aligned. For three decades, we have assisted organizations in aligning talent strategy with business strategy in five key areas: Talent Assessment, Leader Development, Coaching, Organizational Effectiveness, Employee Engagement, and Workforce Transition. Right Management's Great Lakes Region has launched a strategic alliance with a Michigan-based Talent Management technology firm that enables us to provide cutting edge services through: On-Demand Learning, Streamlined Competency Modeling, Hiring and Assessment Tools, and Fully Aligned 360-Degree Feedback Tools. Borderless strategies. Total workforce solutions. Right Management. Over the years you’ve updated your wardrobe and hair styles. Have you updated your Life Insurance Portfolio? While an update to your wardrobe and hair style cost you money, an update of your life insurance policies can save you money. Policies are more efficiently priced than ever. Call us for a no-cost comprehensive review and marketplace analysis. 248.731.9500 www.schechterwealth.com Birmingham, Michigan *Securities offered through NFP Securities, Inc., (NFPSI) a Broker/Dealer and Member FINRA/SIPC. Schechter Wealth Strategies is an affiliate of NFP Securities, Inc. and a subsidiary of National Financial Partners Corp., the parent company of NFP Securities, Inc. Schechter Wealth Strategies and NFPSI do not offer legal or tax advice. Clients must consult with their tax and legal advisors. 40 Oak Hollow, Ste. 100 Southfield, MI 48033 248.948.1600 www.right.com  http://www.schechterwealth.com http://www.right.com http://www.schechterwealth.com http://www.right.com

Table of Contents for the Digital Edition of Crain's Detroit Business - 25th Anniversary Issue, May 3, 2010

Crain's Detroit Business 25th Anniversary
Looking Forward
25 Companies to Watch
25 Mainstays
25 People Then and Now
25 Scandals and Dubious Deeds.
25 Philanthropic Gifts
25 Newsmakers of the Year
25 Big Stories
25 Innovations
25 Gone But Not Forgotten
Health Care
Defense
Suppliers
The Internet and Communication
Energy
Finance
Signs of the Times

Crain's Detroit Business - 25th Anniversary Issue, May 3, 2010

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