Defence Industry Bulletin, July 2017 (Issue #14)
Two key situations are shaking the defence industry’s boat this quarter – political restructure in Europe and a sharp surge in security equipment innovation.
Amid recent industry activity, a ‘Reflection Paper’ on defence was issued by the EU in June, following on the heels of the EU Global Strategy. Driving development is of course a renewed focus on shared and common approaches to defence strategy and spending. Meanwhile , Nato nations are continuing to commit to new defence spending goals. This commitment will undoubtedly see a widespread return to investment into conventional, high-end warfighting capabilities.
But the global terror threat continues to spur demand for credible and cost-effective ways to tackle a low-end hybrid enemy. Many of the solutions hoping to be absorbed into military stocks are originating from the commercial world. As one example, cross-sector fear over weaponised consumer drones is seeing a major upswing in the counter- and nano-UAS markets, as this issue of DIB explores.
Also in this volume, we pry open the mysteries of defence spending in Malaysia, Hungary and Azerbaijan; the jet trainer market sees a challenge issued by a familiar face; development heats up in the global race for hypersonic weapons; and we look into the best method defence contractors can use to combat state-led cyber attacks. We hope you find these insights valuable.
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