| No. 041-M | |
| MEMORANDUM FOR CORRESPONDENTS | March 9, 1998 |
The following Department of Defense statement on Lockheed Martin's proposed acquisition of Northrop Grumman is attributable to Mr. Ken Bacon, Assistant Secretary of Defense for Public Affairs:
"We have been reviewing carefully Lockheed Martin's proposed acquisition of Northrop Grumman. We have serious concerns about the competitive effects of the transaction. With the Department of Justice, we have been meeting with the companies about these concerns."
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