Last Supper

Air Warfare

Northrop-Orbital: A Sound Merger In Law And Policy

Wall Street investors and Wall Street analysts, along with the Department of Justice, are pondering Disney’s massive acquisition of much of 21st Century Fox, a consolidation that may reshape the entertainment industry landscape. While defense mergers rarely involve anyone’s favorite movies and are financial dwarves compared to ones like 21st Century Fox and Disney, they remain […]

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Congress

Whoa, Lockheed & Co.! Kendall Urges Congress To Protect Innovation

WASHINGTON: The Defense Department has told its big industry partners for most of the last 15 years that there’s no need for consolidation at the top. Lockheed Martin, Boeing, BAE Systems, Raytheon, General Dynamics and Northrop Grumman are big enough, they said. Mergers of prime contractors would limit competition, Ash Carter, Frank Kendall and other […]

Networks & Digital Warfare

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 […]

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Threats

ATK, Orbital To Merge; First Course Of New Last Supper?

WASHINGTON: In many respects, the merger announced this morning between ATK and Orbital Sciencesappears just a sensible move between two space and defense companies facing a declining demand for rockets and rocket engines. The Space Shuttle flies no more, leaving ATK without the considerable revenue stream from its reusable solid rocket motor. The United Launch […]