A Thorough Understanding of Ebb and Flow Structure in A&D Industry to Play a Major Role in the Next Round of Restructuring
The structure of the present U.S. aerospace and defense (A&D) industry was shaped two decades ago, in response to Pentagon budget cuts. Then-Secretary of Defense William Perry emphatically asked solidification in a 1993 meeting of defense contractors that came to be known as the Last Supper. More lately, the wars in Iraq and Afghanistan have had their own effect on the A&D business, fundamentally altering benefit across the supply chain………..
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