The Mitchell Institute for Airpower Studies

Invites You to Attend the

7 March Mitchell Hour

Guest Speaker

Dr. Nayantara Hensel, ICAF and Fred Downey, AIA

 The Global Outlook: The Defense Industrial Base and the Defense Budgets for the Future

The Mitchell institute invites you to a Mitchell Hour with Dr. Nayantara Hensel, Professor of Industry and Business, Industrial College of the Armed Forces, and Mr. Fred Downey, Vice President, National Security, Aerospace Industries Association. They will discuss the impact of future defense budgets on the defense industrial base.

Dr. Hensel previously was the Chief Economist for the US Navy, serving in the Office of the Deputy Assistant Secretary of the Navy (Cost and Economics). She taught at Harvard University, the Stern School of Business at NYU, and the Naval Postgraduate School’s Graduate School of Business and Public Policy. Her career includes serving as a Senior Manager and Chief Economist for Ernst & Young’s litigation advisory group and as an economist for Marsh & McLennan. She has written more than 30 articles and research reports. Her research has included work on globalization and the US defense industrial base and the role of defense mergers in improving weapons systems cost efficiency.

Mr. Downey joined AIA from the office of Sen. Joe Lieberman, where he served for 12 years as senior counselor and legislative aide for defense and foreign affairs. He also was the senator’s designated representative to the Senate Armed Services Committee and staffed him in his role as chair of the Airland Subcommittee. He worked directly on Army and Air Force policy and budget issues and the annual defense authorization bill, among many other assignments. Previously, Mr. Downey was in the private sector, working on defense program analytical services for TASC Inc. That came after a 24-year career in the U.S. Army, including the Pentagon postings of assistant to the Director of Net Assessments and Strategy Team Chief for the Strategic Plans and Policy Directorate.

Wednesday, March 7, 2012

9:30 a.m. - 10:30 a.m.

Location

AFA Board Room, 4^th Floor

Air Force Association

1501 Lee Highway

Arlington, VA 22209

Parking* and Transportation

Closest Metro Station is the Rosslyn Metro (Orange and Blue Lines)

*The AFA parking garage is unavailable due to construction; however,

AFA has arranged complimentary parking for you next door at the Key Bridge Marriott.

In order to receive complimentary parking at the Key Bridge Marriott (KBM),

please take a parking ticket when you drive into the KBM parking garage.

Bring your parking ticket to the lecture at AFA to be stamped for validation.

When you exit the KBM parking garage, insert your stamped parking ticket into the automated ticket machine for the gate to go up.

Attire

Military: Uniform of the day

Civilian: Business Attire

For additional information,

Contact: Rachel Zimmerman

r.zimmerman@afa.org

For more information regarding the Mitchell Institute,

visit: http://www.afa.org/Mitchell/