Concerned About Defense Industry Consolidation, DOD Seeks Congressional Help (Updated)

By Tony Bertuca Marjorie Censer / September 30, 2015 at 4:08 PM
(Editor's Note: This story has been updated to include a Lockheed Martin statement.) Top Pentagon officials on Wednesday spoke out forcefully against defense industry consolidation, warning it could result in higher prices and reduced innovation. The remarks, from Defense Secretary Ash Carter and Pentagon procurement chief Frank Kendall, come as the industry is going through a significant shift. In this year alone, defense contractors from Harris to ATK to TASC have combined their businesses with others. Though Carter made...

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