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by est31
1180 days ago
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> Apparently the crux of the article is that the military wants more private capital to flow in the defense industry and an healthier ecosystems because the few large companies which have become keys to the military complex have become really inefficient. There has been such a healthy ecosystem of smaller companies in the defense industry, but the pentagon has forced the companies to consolidate. See: "last supper" of 1993 for example, but even before that there have been decades of mergers. https://www.brookings.edu/articles/merger-mania-should-the-p... This report has also some nice graphs showing that this has been a very long trend, see Table 1 and figures 2 and 3: https://media.defense.gov/2022/Feb/15/2002939087/-1/-1/1/STA... |
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