51.   Celsius said separating defense from its information technology operations will allow it to participate in the fast-paced structural changes occurring in the European defense industry.

52.   Conventional wisdom dictates that waging war should bolster the struggling U.S. defense industry.

53.   Dallas, for example, has offset declines in the defense industry with an increase in service employment, Hazleton said.

54.   Datametrics is pushing into the civilian marketplace to replace business it lost in the contraction of the defense industry.

55.   Cost-cutting made possible by mergers and acquisitions is expected to continue for at least another year in the defense industry because each quarter brings new transactions.

56.   Despite no experience in the defense industry and his opposition to the Vietnam War, he relished the challenge.

57.   Drawing parallels with the defense industry, he advocated setting up large research contracts with biotech companies to target particular diseases.

58.   Done carefully, consolidation may be the best way to preserve a strong defense industry.

59.   Encouraged by Britain, the European Union is looking at ways to make its sprawling defense industry more cost effective.

60.   Europe has yet to experience anything like the string of mergers and acquisitions that reshaped the U.S. defense industry.