The dramatic rise in defense contract spending by the United States that accompanied the wars in Afghanistan and Iraq was matched by a similarly large expansion of the industrial base, according to a new study by the Center for Strategic and International Studies (CSIS). In addition, the spending increase over the past decade shifted the market share going to contractors, with the top five companies actually losing market share as a percentage of revenue and companies ranked six through 20…
Post-9/11 Defense Spending Boom Expanded Industrial Base, Shifted Market Share To More Firms, Study Shows
Defense Daily Staff
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