Acquisitions and mergers are rapidly changing the character of the global defence-aerospace industry. This paper examines those phenomena by tracing the actions of two of the largest US aerospace giants from the perspectives of technology strategy. Following each of the acquisition efforts over the past few years by Raytheon and Lockheed-Martin, the paper probes the companies' motivations and rationale behind their acquisitions, the impact upon the firms' portofolios of technical competencies, potential penetration of new markets and access to new tecnologies influenced by the acquisitioins, organizational issues posed by the technology transfer problems, and other subsequent effects upon research and development.
Technology strategy in defence industry acquisitions: a comparative assessment of two giants
International Journal of Technology Management ; 15 , 8 ; 781-804
1998
24 Seiten, 7 Bilder, 5 Tabellen, 16 Quellen
Article (Journal)
English
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