Recon Technology Regains Compliance with Nasdaq Minimum Bid Price Requirement - Yahoo Finance

By Ryan SciroccoBusiness Development Director, Advanced Effects, Missile SolutionsFor decades, the defense industry has been built around a familiar model: The government defines a mission need, establishes a detailed set of requirements and industry develops a solution specifically to meet them. That model has produced some of the most sophisticated defense technology in the world. However, today's fluid operating environment is challenging industry and government to think differently about when that approach is necessary, and when it is not. Threats are evolving faster and technology cycles are contracting. Demand is increasing across critical capability areas. At the same time, the Department of War is placing greater emphasis on speed, production capacity and solutions that can move into the hands of warfighters faster. Recent acquisition reforms have emphasized industry-driven solutions and commercial products, along with more flexible approaches to getting capability into the field. For industry, that creates an opportunity to rethink not only what we develop, but how we do so. Read Full Article in 'Breaking Defense'

Minister Vu Hai Quan delivers the speechSafety is the highest requirementAt the meeting, Minister Vu Hai Quan affirmed that in nuclear development, safety must be the highest requirement, and zero error can be tolerated. According to the Minister, this requirement demands that the regulatory body possess capacity commensurate with its mission. "This is a responsibility to the nation and the Fatherland, not merely a routine assignment," the Minister stressed. The Minister noted that to meet resource requirements, the agency must first proactively develop specific strategies, schemes, and operational options, thereby generating resources. In particular, he underlined the role of leadership in workforce building. According to the Minister, for talented individuals, the key issue is not only compensation, but whether they are trusted, assigned opportunities, and enabled to fully maximize their capabilities.