Abstract
ABSTRACT State investments in domestic defence industries are one of the most puzzling trends in international relations. Economists contend that these investments waste resources, while political scientists claim that armaments’ resultant overproduction fuels arms races. Why then do governments cultivate defence industries? I draw on cases from Israel, South Africa and Iraq to argue that the answers to these questions are distinct. Fears about supply security frequently spur states to begin developing arms industries, and elites’ techno-nationalist beliefs often sustain their defence-industrial investments. Defence industries’ primary national security value, however, lies in their hitherto unappreciated contribution to states’ military adaptation capacity.
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