The document discusses Northrop Grumman's Teton project, which aims to enable faster and lower-cost development of defense applications using model-driven development and component-based architectures. The Teton project uses open standards and commercial off-the-shelf technologies wherever possible. It leverages technologies like CORBA, DDS, and CBDDS to create reusable software components with well-defined interfaces. Evaluation of the Teton project found significant gains in productivity, reuse, complexity reduction, and portability compared to traditional development methods. Future work aims to further standardize component models and integrate additional programming languages and tools.