Defense Contractors On Offensive -- Washington PostWashington area defense contractors are buying and selling companies at an increasingly high rate as they seek to position themselves for a realignment in Pentagon spending priorities.
BAE Systems, which bases its U.S. operations in Arlington County, is the latest to make some changes. The company recently picked up Stamford, Conn.-based L-1 Identity Solutions's intelligence services business for $295.8 million, just as its parent company confirmed it is considering selling the U.S.-based "platform solutions" business, which builds aircraft and buses, among other equipment.
Read more ....
My Comment: I have trouble seeing where the money is going to come from to support (and grow) for these defense companies. I guess they know something that I do not.
No comments:
Post a Comment