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There are only 2 defense contractors in the United States who are capable of building complex nuclear submarines for US Navy: Newport News Shipbuilding and

There are only 2 defense contractors in the United States who are capable of building complex nuclear submarines for US Navy: Newport News Shipbuilding and General Dynamics. If you applied Porter's Five Forces Model to this industry, what can be said about this industrial marketplace?

Pressure from Substitutes is High

Threat of New Entrants is Low

Diversity of Competitors is High

Switching costs are Low

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