Gordon Gekko may have been a fictional movie character, but increasingly he seems alive and well in the boardrooms of U.S. aerospace and defense (A&D) companies—and he could be aiming for a corner office near you, too. While the make-believe activist investor from the 1987 and 2010 Wall Street movies—epitomized by the “Greed is good” sentiment—gave activists a bad reputation, today’s real shareholders and stock traders often are more ...

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