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dc.contributor.authorHensel, Nayantara
dc.date30-Apr-11
dc.date.accessioned2013-05-08T21:23:17Z
dc.date.available2013-05-08T21:23:17Z
dc.date.issued2011-04-30
dc.identifier.urihttps://hdl.handle.net/10945/33654
dc.descriptionProceedings Paper (for Acquisition Research Program)en_US
dc.description.abstractThe defense industry, both in the U.S. and Europe, has witnessed significant consolidation since the end of the Cold War. The question is whether defense industry consolidation has led to greater efficiencies, lower prices, and more innovation, or whether it has led to greater abuse of market power is a crucial issue. A second issue which is becoming more important in an increasingly globalized economy is whether joint ventures and alliances between U.S. companies and foreign companies are likely to be successful because the military forces of nation-states around the globe have been coalescing in the new millennium against a variety of global security threats, including the threat of terrorism. A third issue relates to whether the consolidation of defense contractors in Europe has led to more innovative products and lower costs. The purpose of this research is to examine the patterns in joint ventures, alliances, and mergers in Europe, in the U.S., and between U.S. companies and European companies.en_US
dc.description.sponsorshipAcquisition Research Programen_US
dc.publisherMonterey, California. Naval Postgraduate Schoolen_US
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.en_US
dc.titleThe Impact of Economic Austerity on U.S. and European Defense Industrial Basesen_US
dc.contributor.departmentAcquisition Management
dc.subject.authorDefense Industrial Baseen_US
dc.subject.authorConsolidation, Innovation, Joint Ventures, Alliances, Mergersen_US
dc.identifier.npsreportNPS-AM-11-C8P11R02-046
dc.description.distributionstatementApproved for public release; distribution is unlimited.


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