Lexington Institute’s Daniel Goure is referenced in Aaron Mehta’s article for DefenseNews on a trend of rising global defense industry revenues. Goure commented on the merger of L3 Technologies and Harris Corporation, as well as Raytheon and United Technologies. Goure mentioned that “rather than try to [move] into new areas, companies are sticking closer to home and doing things that make sense from an integrated product side, completing sub-tier integration like L3 and Harris. So it seems to be a series of relatively smart mergers and acquisitions — not nearly as speculative.”
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