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Consolidation in the global defense industry is "inevitable," says Gordon Lane of British trade...
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Thursday, June 14, 2012, 1:08 PM ETConsolidation in the global defense industry is "inevitable," says Gordon Lane of British trade group ADS while at a major arms show in Paris, especially because of steep cuts among Nato countries. However, analysts believe massive mergers are unlikely; rather the majors could buy the second-tier firms.
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