Larry Davis recently spoke to David Thornton of Federal News Radio regarding the consolidation of defense contractors through mergers and acquisitions.
Larry commented:
Larry Davis, a partner of Aronson Capital Partners, an investment banker who specializes in mergers and acquisitions, said this is likely just a case of the agencies proactively making their voices heard in reaction to general rumblings and trends within the industry.
“I wouldn’t call it a shot across the bow,” he said. “I think there’s been a lot of merger activity, a lot of talk within the industry, CEOs of tier-1 companies making a lot of moves in divestiture and consolidating their businesses. The [agencies are] reacting to that, saying, ‘You can’t reshape the defense industry without involving us.’”
Read “DoJ, FTC keeping an eye on defense industry consolidations.”