By: Lily Wordsmith
The defense industry has consolidated dramatically since the 1990s, shrinking from 51 aerospace and defense prime contractors to just five major players: Lockheed Martin, Raytheon, General Dynamics, Northrop Grumman, and Boeing. According to the Department of Defense’s “State of Competition within the Defense Industrial Base” report, nearly 20,000 small businesses have been pushed out of the defense market in the last decade alone.






