Impacts of Declining Budgets and Defense Mergers on the Department of the Defense
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.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 09, 2002
- Accession Number
- ADA404275
Entities
People
- Joe Conley
Organizations
- United States Army War College