Political Choices Shape Industry, Not Mergers

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Political Choices Shape Industry, Not Mergers

Over the past several years, Pentagon leaders have warned the big defense industry companies not to merge with each other. In early 2011, Ash Carter, then-undersecretary of defense for acquisition, technology and logistics, acknowledged that firms would likely restructure in response to expected cuts to the defense acquisition budget, but said, “The department is not likely to support further consolidation of our principal weapons systems prime contractors.

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