An unprecedented string of mergers is creating companies so large that the concentration of money, technical prowess, and influence is beginning to scare people.
- Lockheed has linked up with Martin Marietta, Loral, General Dynamics and, most recently, Northrop Grumman
- Boeing is absorbing Rockwell and McDonnell Douglas
- Raytheon has cornered Hughes, E-Systems, Texas Instruments and Beechcraft.
Capitol Hill staffers worry that the economic clout of these mega companies, with subsidiaries in every congressional district, may encourage industry to begin dictating operational requirements to the military. Military commanders are concerned that sheer company size would lead to a lessening of focus and inhibit fast development of new technology. European leaders fear that a growing technological imbalance between the U.S. and Europe-a product of U.S. industrial dominance could jeopardize NATO expansion and perhaps tear the alliance apart.