WASHINGTON, March 12 Deputy U.S. Defense
Secretary Ashton Carter on Tuesday said he expected an
increasing number of mergers and acquisitions in the defense
industry in coming years, given a downturn in military spending
and uncertainty about funding for weapons programs.
He said the Defense Department was open to proposals for
mergers or acquisitions as long as they promised some
"It's a natural part of turning the strategic corner,"
Carter told a defense conference hosted by Credit Suisse and
defense consultant Jim McAleese. "That's how our industry stays
healthy. It's a good thing."