Joseph Gaspar, the chief financial officer at Elbit Systems, said M&A among firms in the sector began to pick up pace in the 1980s and looks set to continue.
Earlier this month, United Technologies and Raytheon announced they had agreed aParis Air Show
Gaspar noted that M&A among firms in the sector began to pick up pace in the 1980s and looks set to continue. It sells much of its technology to those bigger firms to help build software and hardware solutions. Gaspar's firm provided laser technology to Raytheon and works with United Technologies to provide fighter pilot helmets for in flying jets such as the F-35 and F-16.
"In my view, they are happy with what we do. They will talk to each other, exchange views and maybe some opportunities will come up."
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