Off-target

Article Abstract:

Raytheon has issued a profit warning that raises questions about mergers in the industry. The defense industry has consolidated rapidly and the company's head, Daniel Burnham, argues that Raytheon sought to do too much at too rapid a pace. The company is to shed 2,380 employees, mainly from defense electronics activities, after already having shed 15,000 employees over two years. Price competition can be more intense when competitors are larger, and this is also true for the telecoms industry.

Social aspects, China

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Home alone

Article Abstract:

Negotiations between US and Japanese defense industry leaders could lead to the relaxation of the ban on exporting Japanese military products. This could be advantageous for the US defense industry, because Japan's products come with the latest in high-technology.

Administration of General Economic Programs, Bilateral Trade Negotiations, United States, Japan, International trade, Japanese foreign relations, United States foreign relations, Trade negotiations

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Back to its roots

Article Abstract:

Thomson-CSF is developing links with the US due to the large US defense budget.

Management, Thales S.A.

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