Congrats to Taylor Mann (@Mann_Major) at Pine Capital for winning our merger chart contest!

Taylor produced this timeline of merger consolidation in the defense sector from 1980 to 2018. It includes 6 of the top 7 government contractors (a fifth of contracts), which went from 100 firms in 1980 to 6 today.

Note: This does not imply that those 100 firms held equal market share. 

Defense mergers.jpg