DOD Urges Consolidation For Lower-Tier Suppliers
By Amy Butler abutler@aviationweek.com
NEW YORK
Pentagon acquisition chief Ashton Carter is encouraging lower-tier suppliers to consider consolidation, though the Pentagon will not support further mergers and acquisitions among the few prime contractors left in the defense sector.
“While companies may be lower-tier, . . . they are not of lower importance,” Carter told an audience of financial experts at a Cowen and Company conference in New York ...
