Abstract
The trend of ever-decreasing national defence budgets poses many worrying questions for companies in the global defence industry and may soon require them to make significant decisions about their respective future strategies. In this article, Henrik Heidenkamp, John Louth and Trevor Taylor explore the various strategic options available to defence companies in the UK and abroad, and consider the centrality of governments in ensuring the long-term sustainability of what is deemed to be an industry crucial to national security.
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