WEBVTT

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Brittany Smith

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crisscrosses the state to

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check out the best U-Pick

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forms.

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>> Hello, welcome to Inside

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INdiana Business, I'm Gerry

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Dick, coming to you from Fort

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Wayne this week, we are on the

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campus of Purdue University

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Fort Wayne, on the second

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annual Northeast Indiana

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Defense Summit. Third District

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Congressman Jim spanks

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organizing this event to

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support and explore ways to

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grow the defense and aerospace

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sector. That means literally

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billions of dollars annually

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to the state economy, from

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position weapons, munitions

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and electronic systems at the

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Crane Naval Surface Warfare

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Center in Martin County to the

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specialized ground vehicle

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systems produced at AM General

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in St. Joseph County, Indiana

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is a magnet for tens of

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billions of dollars in the

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military contracts. Indiana

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has high concentration of

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manufacturing jobs in the

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nation among states competed

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for defense contracts.

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Raytheon, Rolls-Royce and

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Allison Transmission, just a

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few of the high-profile

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defensive players with major

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operations in Indiana,

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universities including Purdue,

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Notre Dame and Trine fuel a

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critical engineering pipeline

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that fuels the industry. The

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impact is especially

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significant here Northeast

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Indiana.

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>> It is estimated that every

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second, somewhere in the world

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on aircraft lands or takes off

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with control systems made or

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maintained in Northeast

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Indiana. The region is home to

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hundreds of Department of

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Defense suppliers and service

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providers that employ more

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than 11,000 residents.

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>> Well, we are talking about

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thousands of jobs just in the

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Fort Wayne area, you got

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Raytheon, General Dynamics, L3

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Harris making weather

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satellites, Ultra Electronics

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in my hometown of Columbia

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City makes sonobuoys almost

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all the sonobuoys in the

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United States Navy are made it

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Indiana and a sister operation

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Florida. All the important

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work is being done here is

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important, it's innovation.

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But the vision of our summit

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today is introducing some of

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the leading innovators from

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Silicon Valley, from around

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the country, to Fort Wayne

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Indiana. We are rebuilding as

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defense budgets are higher

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than they've ever been in US

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history, for good reason, as

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we prepare for conflict with

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our big-- our great

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adversaries like China,

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Russia, Iran, North Korea, the

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defense industry has to change

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with innovation to compete

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with our biggest adversary,

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that being China. We had

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Congressman Mike Gallagher, my

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colleague from Wisconsin who

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chairs the select committee on

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the Chinese communist party

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speak about the China threat,

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and we just heard about the

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Secretary of the Air Force,

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Frank Kendall, who talked

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about the same issues, China,

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China, China. So what

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innovation needs to happen in

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our military to compete with

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the sophisticated technologies

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of China? The big idea of

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today is we make things in

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northern Indiana, bring your

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innovation here and we will

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make it better than anyone in

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the country in a more cost

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efficient ways.

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>> We have a duty, is the way

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we look at this, to make sure

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we have a vibrant defense

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sector. Purdue is leaning in

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and hypersonics and we've got

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this great institution called

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Crane in the southern part of

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our state that is so darn

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important national defense on

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a global basis, then you've

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got below the big guys, you've

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got a ton of innovation

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happening around drones and

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other technologies, and so, K,

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A we are focusing on our

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defense, we want to continue

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to grow because it's good for

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the state of Indiana.

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>> Indiana's defense scene has

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caught the eye of billionaire

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Palmer Luckey, the man who

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founded the virtual reality

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headset company Oculus, as a

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19-year-old. While at a

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summit, Luckey who founded the

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artificial intelligence

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defense contractor Anduril

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Industries, announced the

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acquisition of Purdue Research

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Park startup, Adranos which

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makes solid rocket motors.

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>> We would be working

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together to build rocket

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motors for terrestrial

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applications, aerial

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applications, and space

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applications now and into the

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future at scale very cheaply

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at a high level of

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performance, not just for our

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products but building motors

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that are gonna go into

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products made by other defense

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companies by other aerospace

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companies and space companies.

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Were trying to become the sole

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supplier for everyone in that

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case. You know, as far as

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Indiana goes, Adranos is an

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easy one because it came out

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of Purdue. It started here, so

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of course we're going to keep

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doing things here. But we've

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actually started working with

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a lot of other companies that

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are in the Indiana defense

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base. Now there's a reason the

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companies are here, about the

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talent, the labor pool, it's

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really friendly climate

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businesswise, regulatory wise

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and I have two-- I know

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everyone says that about where

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they are from but remember I'm

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from California, so I have to

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deal with some of the worst of

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it. And so refreshing to be in

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a place where the local

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climate is so supportive of a

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business like mine.