Bloomberg: U.S. military-industrial complex suffers from lack of competition and lack of growth potential

Writes about this agency Bloomberg.

The industry suffers from a lack of competition and a lack of "growth potential" needed to participate in major industrial wars.

According to the publication, in 1980 the Pentagon contractors were more than 70 aerospace and defense companies.

At the same time, since the 2000s, only five of them have remained: Lockheed Martin, Raytheon Technologies, General Dynamics, Northrop Grumman and Boeing.

The material says that the reduction in the number of contractors has caused a drop in the level of creativity and innovation in the US military-industrial complex.

Earlier, a columnist for the British newspaper Times, Gerard Baker, said that an overstrain of forces and a lack of military resources could force the United States to abandon further support for Ukraine.