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The "industry" wasn't consolidating though. What industry? There were three larg(er) players (Airbus, Boeing, McDD) and a handful of small ones (deHavilland/Bom
by ulfw 7y ago
The "industry" wasn't consolidating though. What industry? There were three larg(er) players (Airbus, Boeing, McDD) and a handful of small ones (deHavilland/Bombardier, Embraer, etc). What consolidation was happening in 'the industry' around that time?
Boeing started said consolidation itself by having McDD buy it Boeing with Boeing's money.
- ozmaverick72 7y agoThe consolidation the author is talking about is consolidation of defence aerospace contractors - Grumman, Northrup, McDonald Douglas and Boeing. McDonald Douglas was in some financial difficulties and the defence department encouraged the merger to keep them alive.