Pentagon Says Arms Industry Mergers Pose "National Security Risk"
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When there's too much consolidation in an industry, regulators usually trot out the usual complaints about a decrease in competition unfairly costing American consumers a few extra bucks. When it comes to the defense industry, the stakes are a little bit more serious.
In a report released Tuesday, the Department of Defense said that mergers and acquisitions among American defense contractors constitute a threat to national security, and have left the US military less well-equipped while costing taxpayers billions.
Source Fool.com
