T-X Competition Shows the Strength of America's Aerospace Industry

A major issue for U.S. defense planners looking to an intensifying competition for military overmatch vis-à-vis prospective high-end adversaries, is the shrinking U.S. aerospace and defense sector. Decades of consolidation, driven by declining defense budgets, increasingly onerous regulations, the scarcity of major new programs, the war on profits and an unpredictable customer, has reduced the number of competitors in the major product lines to less than a handful of prime contractors.

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