Boeing wants BAE-EADS merger scrutinized

He added that it was difficult to comment further on the potential merger at this point until more details on the deal were released.

{mosads}A merger between BAE Systems and EADS, two European
companies, would create one of the largest defense companies in the world, and could signal the start of a new round of consolidation within the industry.

Industry leaders have warned that budget cuts within the Pentagon would set off another round of consolidation among defense companies both big and small.

The BAE-EADS merger is still not yet finalized, but the companies are
already gearing up for the fight in Washington. BAE has hired
two teams of lobbyists to help with the merger, according to lobbying
disclosure records.