WWF meets Desert Wars?
I think that would work only if there were a McMahon in charge of it all. But, I certainly would never say that you couldn't do that as a GM. 
That's it, WWF meets Desert Wars.
Actually, find it hard to imagine how it couldn't be. See, two megacorps obsessed with profit, they disagree on some obscure point, and then one says "Hey ! I throw my gloves to your face ! let's meet in the desert, and lose in struggling half our armies, plus our brandnew miltech, it'll be just fine. Don't worry explaining to the board why we found it smart losing billions, it's honor business, they'll understand."
Can't imagine these corporations would do something that doesn't earn them more money than they lose, and the best way to make sure they win more than they lose in a Desert War is to plan the war with their so-called foes.
What if the war isn't photogenic enough ? What if there's no really heroïc battle ? What if a corp win too easily ? Audience may dive.
So why take such a risk ?