Monday, September 10, 2007

The resilient federal market

No credit woes in government services
The headlines this summer are dominated by talk of the “credit crunch.” Many pundits are predicting that tightening in the debt markets will bring an end to the frenzied merger-and-acquisition environment. Although this may be the case in other industry sectors, I do not believe the current credit woes will curtail M&A activity in the defense and government services arena in the near term.

Let's hope he is correct.


Geoff_Livingston said...

I think we need to be more worried about what's going to happen to the war economy.

Alice said...

Never mind the war economy, I'm more worried about the war.