Raytheon and United Technologies Corporation recently announced plans to merge into a new company, Raytheon Technologies, in 2020. While the past few years have seen significant industrial consolidation with the defense sector, the proposed Raytheon-UTC merger would be the largest defense merger in recent history.
Acquisition Trends 2018: Defense Contract Spending Bounces Back analyzes the current state of affairs in defense contracting at a time when the defense acquisition system sits at an inflection point. Defense contracting has rebounded these past two years, but there are unanswered questions about continued defense budget growth and the long-term effects of the last few years’ acquisition reform efforts.
On August 1, DoD submitted a report to Congress outlining its plans to split the responsibilities of the current Under Secretary of Defense for Acquisition Technology and Logistics (AT&L) into two new positions. Rhys McCormick and Andrew Hunter answer the critical questions surrounding the reorganization of the defense acquisition system.