Pentagon Fears Small, Innovative Firms May Vanish As Budgets Shrink
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WASHINGTON: Even if Congress staves off sequestration, the defense industry’s troubles hardly be over. But don’t expect a 1990s-style wave of major mergers, agreed officials and analysts at a conference in the Newseum yesterday: Instead, the squeeze will be on smaller companies — which could have an outsized impact on innovation. “Historically, the defense industry… Keep reading →
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