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Can Pentagon Leaders Rein In Harmful Defense Industry Mergers?


Can Pentagon Leaders Rein In Harmful Defense Industry Mergers?
By Scott Vadnais
05/23/21 AT 7:00 AM
As a retired Air Force officer and former strategic planner at General Dynamics, I view “taking on” the competition in our defense and aerospace industry as a good thing.  It keeps companies sharp, encourages innovation and reduces costs through the bidding process. However, “taking out” the competition through mega-mergers and creation of monopolies has the reverse effects.
With Defense Secretary Lloyd Austin continuing to fill out the leadership ranks at the Pentagon, one key question taxpayers should ask is if they can collectively rein in such mergers which can harm national security and waste billions of dollars.  ....

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