By Marjorie Censer | Inside Defense |
The article notes that the proposed merger between Raytheon and United Technologies is likely to move forward without government intervention and could lead to another wave of consolidation within the defense industry.
James Marceau says he expects larger companies to seek mergers to produce the scale required by the Defense Department, and that the Pentagon’s push for both affordability and commercial-style innovation has created a challenge for companies.
James Marceau adds: “They put themselves in this situation where companies, to compete effectively, have no choice but to have this critical mass.”
James B. Marceau is an aerospace and defense expert at PA Aerospace and Defense, a subsidiary of PA Consulting Group.