1In August, 1996, Boeing announced that it would invest 3 1 billion dollars to acquire the defense and aerospace branch of Rockwell Company. In February of the same year, Boeing announced the merger with McDonnell Douglas. Boeing is the world's largest aircraft manufacturer, which occupied more than 50% of the world passenger aircraft market before the merger. McDonnell Douglas is one of the largest manufacturers of military aircraft, missiles and aerospace products in the world. Its F-4 fighter-bomber, A-4 attack aircraft, F- 14 fighter aircraft, F-A-18 attack aircraft, helicopters, anti-submarine missiles and cruise missiles sell well in the international market. After the merger of Boeing Company and McDonnell Douglas Company, the new Boeing Company was established and became the second largest military enterprise in the world.
1In April, 1995, Raytheon bought the electronic system company of a large military electronics company with a capital of 2.3 billion US dollars, and then merged Hughes Electronics Company and Texas Instruments Company to form the new Raytheon Company. The company monopolized the production of American air-to-air missiles and became the third largest military enterprise in the world.