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The Year in Preview

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The mega-merger wave that has reduced the number of top industry players to three will hit the tier of smaller subcontractors in Southern California and the U.S. Some firms may be swallowed by biggies Boeing, Lockheed Martin and Raytheon, while others will merge in order to gain critical mass. The booming market for satellite-enabled commercial telecommunications services will promote growth even as military contracts continue to dwindle.

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