In mature industries such as aerospace and defense, mergers and acquisitions (M&A) are primary tools of corporate strategy. The race for competitive advantage increasingly relies on initiatives to reshape the scale, scope and vertical depth of a company’s structure as the bases of competition for product and service offerings become ever more firmly established. More specifically, corporate development initiatives are how companies in mature industries adapt to ...

I totally disagree with this article. The highway to mergers reduces competition and creative development. New companies are far more productive than investor profit making corporations looking for long term stability. Whole industries have left the country due to consolidated mergers that leave nothing behind. Allowing monopolies to control markets is a disease that has been around for some time now. Collusion is inevitable, and repeated at every opportunity.