First General Dynamics started divesting its "non-core" units, then LTV sold its aerospace and defense businesses, and then Northrop and Grumman merged. Now Lockheed and Martin Marietta-the Defense Dept.'s number two and three contractors-want to get married. So why, with so much consolidation activity in the aerospace industry, are there still four domestic helicopter makers? Is the rotorcraft industry blind to what's going on around it, or just more resistant to change? In ...
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