Why private companies entering the defense space is a good thing

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 15 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

Defense Budgets News

Jason Gursky,Citi Aerospace And Defense,Lockheed Martin

One sector that is starting to see an uptick in competition from private rivals is the defense space, with companies like Anduril looking to take on giants...

One sector that is starting to see an uptick in competition from private rivals is the defense space, with companies likeCiti aerospace and defense lead analyst Jason Gursky argues explains that these private competitors are a"healthy thing for the ecosystem." He notes that many of the defense companies do invest in defense startups, but given that"defense budgets are what they are," these companies are competing for market share rather than growing the addressable market.

But um there's a, it's a big pie that's growing and I think that there's probably gonna be room for everybody to be pretty healthy in this environment. London travel news LIVE: Severe delays as Victoria Line reopens after 'casualty on track' at King's Cross

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines