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Analysts: Defense Downturn Looming, Wave of Company Consolidation on Horizon

By Vivienne Machi

Tuesday, April 28th, 2020

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Analysts: Defense Downturn Looming, Wave of Company Consolidation on Horizon

Aerial of the Pentagon, the Department of Defense headquarters in Arlington, Virginia, near Washington DC, with I-395 freeway on the left, and the Air Force Memorial up middle.

The national defense budget is likely to see a significant reduction within the next two years, both as a long-term effect of the COVID-19 coronavirus and in response to the upcoming presidential election, analysts said April 28. This year, with the presidency on the line in November, was already going to be a tough one to pass the defense authorization and appropriations on time. But the timeline and topline of the defense budget is also tied to how long it…

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