Pentagon Concerned Over ‘Nefarious’ Bidding, ‘Economic Warfare’ to Takeover U.S. Defense Companies

The Pentagon is concerned that falling share prices of U.S. defense companies, especially those in aerospace, could become targets of “nefarious M&A practices,” particularly from Europe “where the beneficial owner ends up being one of our adversaries,” Undersecretary Of Defense For Acquisition And Sustainment Ellen M. Lord told reporters on Thursday. “What I am concerned … Continue reading Pentagon Concerned Over ‘Nefarious’ Bidding, ‘Economic Warfare’ to Takeover U.S. Defense Companies