
The U.S. and international defense industries are undergoing a period of rapid and large-scale consolidation that could result in a handful of traditional contractors that build major weapon systems but leave technological development to a more populated and competitive commercial market.“There is a lot of consolidation happening on the platform side,” William Lynn, chief executive of Finmeccanica North America, said Nov. 16 at the Center for Strategic and International Studies’ Global Security Forum in Washington, D.C. “With aircraft carriers, we…