Abstract
Abstract : After the end of the Cold War, defense contractors were forced to merge and restructure operations due to declining defense budgets. Moreover, contractors convinced the Department of Defense that it is in the government's best interest to pay restructuring costs. Senior industry executives stated that the potential savings would far exceed the costs of consolidation for the Department of Defense. In 2001, twelve years since the Cold War, we continue to see mergers and restructuring costs charged to the Department of Defense. This paper will examine the impacts of declining defense budgets and defense mergers on the Department of Defense. It will focus primarily on the areas of declining defense spending, overhead costs, and industry restructuring activities.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
