U.S. aerospace industry's "big-is-better" model hasn't worked, analyst says.
NO MORE TIERS: Restructuring will be a major industry theme this fall, according to Byron Callan, aerospace and defense analyst with Merrill Lynch. "The 'big-is-better' model has not provided uniform, superior shareholder returns," he says, "and we expect that in months to come, there will be less...
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