Defence companies adapting to a new landscape

Posted on 24 Mar 2014 by The Manufacturer

Tim Moxey of Knovel EMEA discusses how the defence sector has adapted to the challenges it is currently experiencing.

Tim Moxey, Knovel EMEA. With defence spending by Western governments falling or remaining static, defence companies are adopting strategies to adapt to a changing landscape. Many are cutting costs and restructuring to pursue the niche sectors that are still attracting defence funding as well as new growth regional markets, such as…

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