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 be a paid subscriber 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.