NEW YORK — Pentagon acquisition chief Ashton Carter is encouraging lower-tier suppliers to consider consolidation, though the Pentagon will not support further mergers and acquisitions among the few prime contractors left in the defense sector. “While companies may be lower-tier ... they are not of lower importance,” Carter told an audience of financial experts at a Cowen and Company conference here, noting that components and parts from these suppliers are critical to building ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "DOD Urges Consolidation For Lower-Tier Suppliers".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.