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Airplanes and defence. Decrease in global spending for military supply

Rome, Italy - Europe forced to make economies, but new markets are emerging

Companies active in aerospace and defence sector have to deal with a decrease in global military equipment market. Business is slow especially in Europe, where spending for defense went down to 1.3% of GDP. Industries, in the struggle to maintain competitiveness, turn often to merges and acquisitions, or to partnership agreements and strategic alliances. To offset the limited demand in their domestic...

AVIONEWS - World Aeronautical Press Agency - 1163116

AVIONEWS - World Aeronautical Press Agency
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