The UK Defence Sector

Ronald Smith and Jacques Fontanel ()
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Jacques Fontanel: CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble

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Abstract: The UK armaments industry is in a state of turmoil as the defence industry's budgetary and development strategies are changing rapidly, with the political will to cut the UK defence budget and introduce international competition for all but the most important technologies for the future. The state has a substantial armament industrial base that can at least partially satisfy strategic needs. With competitive bidding, the list of technologies essential to maintain a satisfactory technological base is not very long and is exclusively military. In principle, it is a question of a willingness to import or authorize the sale of British armaments firms in a much wider range than that of its allies. In practice, lobbying somewhat reduces the effect of these principles. The acquisition and takeover by a foreign firm of a national armaments company is both politically and financially much easier in a liberal Britain than in other countries on the European continent.

Keywords: Armament industry; armament companies; arms purchases; arms sales; United Kingdom; Industrie d'armement; entreprises d'armement; arsenal; achats d'armes; ventes d'armes (search for similar items in EconPapers)
Date: 1990
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Published in 1990

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Working Paper: The UK Defence sector (1990)
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