Second Course Of Last Supper? Harris To Buy Exelis

Second Course Of Last Supper? Harris To Buy Exelis
Second Course Of Last Supper? Harris To Buy Exelis

UPDATED: Insights From Steve Grundman, Former DUSD Industrial Affairs WASHINGTON: For several years, senior Pentagon officials have said they don’t expect or encourage mergers of the giant defense companies, but mergers and acquisitions of smaller entities might well make sense. The first example we saw was the merger of ATK and Orbital Sciences. Today, Harris…

Defense Execs Predict Production Halts If Fed Shutdown Stretches To Mid Month

Defense Execs Predict Production Halts If Fed Shutdown Stretches To Mid Month
Defense Execs Predict Production Halts If Fed Shutdown Stretches To Mid Month

WASHINGTON: The federal government shutdown won’t hurt much this week but after two to three weeks, contracts won’t get paid or issued, testing won’t get done. and production of major weapons systems may be disrupted or halted. That was the consensus of several senior defense executives, including Exelis CEO David Melcher, at a gathering held here…